Wheat
PM: Turkey to establish specialized commodity exchange soon
Prime Minister Ahmet Davuto?lu has vowed Turkey will soon launch a specialized commodity exchange, adding that the warehousing responsibilities of Turkey's Grain Office (TMO) would be transferred to the private sector gradually and the office would play a watchdog role in regulating prices.
Russian grain exports to remain high in March
Russian grain exports are expected to remain high in March after record supplies in January and February due to the weakening of the ruble, SovEcon agriculture consultancy said in a note.
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Powder found at Brussels mosque turns out to be flour
A Brussels mosque located close to the headquarters of the European Commission was evacuated after envelopes containing white powder were found.
A decontamination unit from the Laboratory for Civil Protection was deployed after the discovery of the powder which later turned out to be flour.
Turkey sees record high wheat production levels but keeps importing due to low quality
Turkey's wheat production hit a record high of 23 million tons this year after a drought year. Despite a dramatic rise in output, the country has kept importing wheat as the locally produced wheat is of low quality due to unproductive seeds. The productivity level can be increased through certified seeds, according to sector players.
Wheat yield "above multi-year average"
Director of the Commodity Exchange in Novi Sad Zarko Galetin said on Thursday that wheat yield this season "would be good."
According to Tanjug, Galetin estimated the figure at "perhaps even higher than 4.5 tons per hectare."
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Favorable level of stocks stabilize grains, oilseeds markets
NOVI SAD - The grains and oilseeds markets are stable thanks to favorable level of stocks of these basic agricultural products, so their prices are expected to be relatively stable this year, said Zarko Galetin, director of the Novi Sad Commodity Exchange.
Enough wheat in 2015
BELGRADE - The sowing of wheat in Serbia was carried out on an area of between 500,000 and 550,000 hectares and at the level of the last year's average, Tanjug was told by Nenad Budimovic, secretary of the Agriculture Committee of the Serbian Chamber of Commerce.
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Turkey’s 2014 wheat, barley production falls
Turkeyâs grain production fell in 2014, official figures showed yesterday, hit by the Middle Eastâs driest weather in more than a decade, forcing the country to raise its grain imports.
Wheat production was down by 13.8 percent to 19 million tons while barley production was at 6.3 million tons, down more than 20 percent from 2013, the Statistics Institute (TÃÄ°K) said.
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RSD 1.1 bln for commodity reserves in 2015
BELGRADE - A total of RSD 1.130 billion will be set aside for commodity reserves in 2015, with almost half of the sum intended for procurement of basic food supplies, including maize, Serbian Deputy Prime Minister Rasim Ljajic, who is also minister of trade, tourism and telecommunications, said on Monday.
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Corn yield excellent, larger area under wheat
BELGRADE - The corn harvest has practically been completed, and the yield stands at around eight tons per hectare, while wheat was planted on 600,000 hectares, which is more than last year, Vukosav Sakovic, director of the Zita Srbije association, told Tanjug.
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