World Grain - October 2018 - 16

NEWSREVIEW

Nibulon achieves grain export record
KIEV, UKRAINE - Nibulon hit an exporting record of 965,000
tonnes of grain for the 2018-19 marketing year. Comparing similar
periods of previous years, it is the largest volume in the history of the
company's activity.
The previous record of 915,000 tonnes was established in the 201516 market year.
Nibulon broke its August record by shipping more than 530,000
tonnes of grain. The company had not exceeded that record since
August 2013 with 430,000 tonnes.
"Despite the annual increase in the number of exporters, 2,088
companies in 2017, Nibulon manages to maintain leadership,"
Nibulon said. "It is testimony to a truly high level of competitiveness of the company. We should also note the increase in volumes of
river transportation to optimize the internal logistics as a step aimed
at increasing Ukrainian agricultural products competitiveness in the
global market."

The company exported 64.5 % of commodities to Asian countries;
in the 2016-17 market year, it exported 47%.
Nibulon continues to expand its shipping abilities.
"Last year, the share of exports to China increased from 2.5%
to 17.6%," Nibulon said. "It is also worth noting that the company
resumes its work with the market of South Korea. About 200,000
tonnes of commodities were shipped there, while there were no
contracts with this country in previous market year. The share of
Nibulon's exports to Indonesia is stably high."
Nibulon noted last year's achievement of direct participation in
public tenders for barley purchase held by the Kingdom of Saudi
Arabia. Nibulon has been accredited by Saudi Arabia Grains
Organization (SAGO).
Nibulon said that SAGO already has expressed its satisfaction
with the work with the Ukrainian company and its desire to increase
the volume of cooperation.

Dangote introduces new flour brand
LAGOS, NIGERIA - Dangote Flour Mills Plc has introduced a new
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Dangote said the All-Purpose Flour (APF) has been well received
by bakers and distributors.
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increase its market share in the country, said executive director, commercial, Halima Aiko Dangote.
Produced with high-quality heat, the APF is designed to work for
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pie, egg rolls, puffpuff, chinchin and more.

CBH director will not seek re-election
WEST PERTH, AUSTRALIA - CBH Group
Member Director Derek Clauson will not seek
re-election beyond his term that expires at the
end of 2019.
Clauson, who runs a continuous cropping
operation at Yelbeni and Bencubbin, has been a
director of CBH since February 2013.
He is currently chairman of the Workplace
Health and Safety Committee, as well as chairClauson
man of the Network and Engineering Committee.
Clauson said he would continue to have an active interest in CBH
and Western Australia's agricultural sector.

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years on the CBH board and have always sought to advance their
needs and aspirations in that time," he said. "In retiring from the
board, I am looking forward to the birth of my 14th grandchild and
spending time with my family."
Wally Newman, chairman of CBH, thanked Clauson for his contribution to CBH and his representation of growers.
"Derek has worked tirelessly for the co-operative and growers during
his tenure and brought to the board a valuable and diverse set of skills,
including from his time in oil and gas, and other industries," Newman
said. "On behalf of the board, I sincerely thank Derek for his contribution to CBH and we wish him every success in his future endeavors."

Zimbabwe millers halt operations due to wheat shortage
HARARE, ZIMBABWE - Six milling companies in Zimbabwe
were forced to suspend operations on Sept. 13 due to the government's failure to pay for wheat that is held up in Mozambique, said
Tafadzwa Musarrara, chairperson of the Grain Millers Association of
Zimbabwe (GMAZ).
He said the Reserve Bank of Zimbabwe had made an initial payment of $5 million to the wheat supplier Holbud Limited, which left
a balance of more than $7 million. The balance was expected to be
paid off Sept. 14.
He said the six companies that have temporarily suspended operations are: Victoria Foods, Uni Foods, Wheat Star, Power Foods,
Falcon Foods and Oriental Milling.
Zimbabwe is experiencing bread shortages due to the short supply
of wheat. GMAZ recently warned that shortages could occur because
of the government's failure to pay on time.
Musarara told reporters that, if the Reserve Bank pays the supplier
16

on Sept. 14 as they are expected to, the milling companies that currently possess wheat will loan the grain to those without it and get
repaid as soon as the remaining shipments from Mozambique arrive.
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for biscuit production, Zimbabwe millers are dependent on imported
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small-scale bakers throughout the country. At that time, GMAZ said
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public who were speculating on price hikes.
According to the GMAZ, Zimbabwe needs at least 400,000 tonnes
of wheat per year to meet its demand of about 950,000 loaves of
bread per day. Government statistics indicate annual production
capacity stands at 200,000 tonnes, leaving a shortfall of 200,000
tonnes, the GMAZ said.
October 2018 / World Grain / www.World-Grain.com

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World Grain - October 2018

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