World Grain - March 2019 - 10

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Australian wheat output falls to 11-year low
SY DNEY , AUSTR AL IA - Wheat production in Australia
fell to an 11-year low during the 2018-19 season, according to
a recent report from the Australian Bureau of Agricultural and
R esource Economics ( ABAR ES).
he final wheat harvest total for the year was . million
tonnes, down from . million tonnes the revious year, according to ABAR ES.
t marks ustralia s smallest wheat cro since
- ,

when out ut was . million tonnes.
The decline in production in 2018-19 was due to a drought
that affected New South Wales and Q ueensland, two of the
biggest grain-producing states in Australia, which is typically
among the world s to five wheat roducers.
Lower ustralian wheat roduction has rovided key su ort
for global benchmark prices, which rallied about 18% in 2018.
Wheat planting for the 2019- 20 season will begin in April.

Kazakhstan, Iran and Russia sign wheat trade agreement
MOSCO ,
SS
e resentatives from a akhstan,
Iran and R ussia on Feb. 12 signed a Memorandum of
nderstanding on wheat trade coo eration, aving the way
for a more dynamic growth of trade between the countries.
According to AzerNews, the ceremony was attended by
a akh e uty Minister of griculture Gulmira sayeva,
Deputy Minister of Agricultural J ihad of Iran Ali Akbar
Mehrfard, R ussian Deputy Minister of Agriculture Sergey
Levin and eronika Nikishina, a member of the Board for
Trade of the Eurasian Economic Commission.
New wheat starch plant opens in Hungary
SON ,
NG
ungarian grain rocessing comany iresol has o ened a new wheat starch lant in isonta.
he new lant will rocess
,
tonnes of ungarian
wheat, which e uates to about
of all ungarian wheat
intended for export.
he ungarian government rovided a . billion forint
million grant for the
billion forint
. million
project.
S eaking at the facility s inauguration on Feb. , ungarian
rime Minister iktor Orb n called the lant s o ening a maor milestone in the ungarian food industry.
"An installation that can bring grain processing to a comletely different dimension in ungary," he said. " his lant
will rocess
,
tonnes of GMO-free wheat, urchased
e clusively from domestic su liers, on an annual basis,
with world-class, environmentally friendly technology and
no waste."
Orb n said it is e tremely im ortant that iresol will be
able to produce large quantities of wheat starch at the facility
that don't contain gluten.
"Anyone who knows this problem knows well the burden
it has on those involved, not only from a health oint of view,
but also financially," he said. " he roduction of gluten-free
starch is important because it has a growing market and more
10

" he memorandum includes three very im ortant as ects,"
Mehrfard told AzerNews. " ran s our mills have great otential, and the regional market is about million tonnes.
ccording to the memorandum, ussia and a akhstan can
use ran s logistical ca abilities and in transit to deliver their
wheat to third countries. he second is the oint develo ment
of wheat S
contracts with ussia and a akhstan. he
third is related to the conditions of tem orary im ortation."
sayeva noted that the memorandum is an integral art of the
earlier agreement the countries signed regarding a free trade one.

The new plant will process 250,000 tonnes of wheat a year.
Photo courtesy of Viresol.

importantly, to make life easier for many of our fellow human
beings. n addition to roviding work for
eo le, iresol
will have one of the most modern factories in uro e. e will
need many of these com anies in the future."
March 2019 / World Grain / www.World-Grain.com

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World Grain - March 2019

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