World Grain - September 2019 - 72
FEATURE
WILD WEATHER
FAILS TO DRIVE PRICES HIGHER
Despite weather extremes, futures markets have remained relatively steady
by Drew Lerner
72
072_WG_Sep19_Weather.indd 72
the reality in August when drought-like conditions
in the heart of the Midwest gave way to timely rain,
and crop conditions began to improve.
Several weeks of dryness during early to midsummer in the heart of the U.S. Midwest stressed
some of the poorly established summer crops, and
for a while raised the potential for production failures. However, it never got hot. Once again, despite
the advice of some meteorologists, the solar cycle
provided a cool finish to the summer, which bought
stressed crops some much needed time so that when
August rainfall evolved, plants were still viable to
develop aggressively.
Percent of normal precipitation in U.S. for Aug. 1-28, 2019
Percent of normal precipitation in U.S. for July 2019
World Weather
H
ow many days have gone by since the word
"weather" fell from your lips? How many
times in the past week have you heard the news
wire services use weather as the cause for adversity
somewhere in the world? Weather still has to be the
most often discussed, feared and celebrated subject
matter impacting the human condition. Sometimes
weather gets falsely accused for things unexplained
and it is always on the forefront of agricultural commodity traders' and farmers' minds.
The past few months have brought on a new slew
of weather extremes that might have had a greater influence in the world marketplace in a different year.
It is amazing all of the extremes that occurred in the
past few months and yet commodity futures prices
are not far from the doldrums of earlier this year.
Weather was responsible for some scares around
the world and a short-term run up in market futures
prices. But after all of the extremes had been experienced, weather cannot be blamed for where we are in
the futures markets relative to earlier this year.
We are now entering the final one-third of 2019,
and if it finishes out half as exciting as the first twothirds of this year, we will still not be bored. The
year began quite cold and wet in North America. The
wet bias delayed the onset of planting in the spring,
but it was not until mid-May that suddenly it was
realized that the weather was not allowing farmers
into their U.S. fields, and the same was happening in
southeastern Canada while the Canada Prairies were
dealing with a third year of drought and later-thanusual frost and freeze events prolonging the start
of aggressive planting. In North America, the wet
winter and spring set the stage for the following few
weeks of fear and concern because if it had not been
for the delayed planting, U.S. crop production this
summer would have been huge due to timely rainfall
and no excessive heat. As it turns out, that became
September 2019 / World Grain / www.World-Grain.com
9/9/2019 2:02:43 PM
http://www.World-Grain.com
World Grain - September 2019
Table of Contents for the Digital Edition of World Grain - September 2019
World Grain - September 2019
Contents
FROM THE EDITOR - Embracing technology paramount for sustainability
CALENDAR OF EVENTS
Organic & Non-GMO Forum covers opportunities in the market
News Review - Four sentenced to federal prison for organic fraud
Bunge to relocate global headquarters
Ceres completes acquisition of Delmar Commodities
Kraft, Mondelez Global penalized in wheat manipulation case
ASF takes toll on Wilmar earnings
VTB purchases stake in Russian grain trader
Nibulon begins construction on new grain facility
Viterra to acquire Ilta Grain’s Belle Plain facility
CBH completes first storage expansion project
GRAIN MARKET REVIEW - COARSE GRAINS
COUNTRY FOCUS - ETHIOPIA
FEATURE: PASTA GAINING POPULARITY IN ETHIOPIA
FEATURE: IRAQ’S WHEAT MILLING CONUNDRUM
Recent developments
FEATURE: LMOI BRINGS FLOUR MILLING BACK TO MADAGASCAR
FEATURE: MILLERS FOCUSING ON FLOUR SAFETY
MILLING OPERATIONS - ACCESSING milling potential
FEATURE: LATEST MILLING TECHNOLOGY
FEATURE: U.S. MILLERS EXPANDING INTO ORGANIC FLOUR
FEATURE: GROWTH ON IRAN FEED INDUSTRY’S HORIZON
FEATURE: Q&A WITH GAFTA’S SWITHUN STILL
FEATURE: WILD WEATHER FAILS TO DRIVE PRICES HIGHER
TECHNICAL PROFILE: MILL OF THE FUTURE
SUPPLIER NEWS
PRODUCT SHOWCASE
WORLD GRAIN ARCHIVE
ADVERTISER INDEX
World Grain - September 2019 - World Grain - September 2019
World Grain - September 2019 - World Grain - September 2019
World Grain - September 2019 - 2
World Grain - September 2019 - 3
World Grain - September 2019 - 4
World Grain - September 2019 - Contents
World Grain - September 2019 - FROM THE EDITOR - Embracing technology paramount for sustainability
World Grain - September 2019 - 7
World Grain - September 2019 - Organic & Non-GMO Forum covers opportunities in the market
World Grain - September 2019 - 9
World Grain - September 2019 - Bunge to relocate global headquarters
World Grain - September 2019 - Ceres completes acquisition of Delmar Commodities
World Grain - September 2019 - Kraft, Mondelez Global penalized in wheat manipulation case
World Grain - September 2019 - ASF takes toll on Wilmar earnings
World Grain - September 2019 - Viterra to acquire Ilta Grain’s Belle Plain facility
World Grain - September 2019 - CBH completes first storage expansion project
World Grain - September 2019 - GRAIN MARKET REVIEW - COARSE GRAINS
World Grain - September 2019 - COUNTRY FOCUS - ETHIOPIA
World Grain - September 2019 - 18
World Grain - September 2019 - 19
World Grain - September 2019 - 20
World Grain - September 2019 - 21
World Grain - September 2019 - FEATURE: PASTA GAINING POPULARITY IN ETHIOPIA
World Grain - September 2019 - 23
World Grain - September 2019 - 24
World Grain - September 2019 - 25
World Grain - September 2019 - FEATURE: IRAQ’S WHEAT MILLING CONUNDRUM
World Grain - September 2019 - 27
World Grain - September 2019 - 28
World Grain - September 2019 - 29
World Grain - September 2019 - 30
World Grain - September 2019 - Recent developments
World Grain - September 2019 - FEATURE: LMOI BRINGS FLOUR MILLING BACK TO MADAGASCAR
World Grain - September 2019 - 33
World Grain - September 2019 - 34
World Grain - September 2019 - 35
World Grain - September 2019 - 36
World Grain - September 2019 - 37
World Grain - September 2019 - FEATURE: MILLERS FOCUSING ON FLOUR SAFETY
World Grain - September 2019 - 39
World Grain - September 2019 - 40
World Grain - September 2019 - 41
World Grain - September 2019 - 42
World Grain - September 2019 - 43
World Grain - September 2019 - 44
World Grain - September 2019 - 45
World Grain - September 2019 - 46
World Grain - September 2019 - 47
World Grain - September 2019 - 48
World Grain - September 2019 - 49
World Grain - September 2019 - MILLING OPERATIONS - ACCESSING milling potential
World Grain - September 2019 - 51
World Grain - September 2019 - 52
World Grain - September 2019 - 53
World Grain - September 2019 - 54
World Grain - September 2019 - 55
World Grain - September 2019 - FEATURE: LATEST MILLING TECHNOLOGY
World Grain - September 2019 - 57
World Grain - September 2019 - 58
World Grain - September 2019 - 59
World Grain - September 2019 - FEATURE: U.S. MILLERS EXPANDING INTO ORGANIC FLOUR
World Grain - September 2019 - 61
World Grain - September 2019 - 62
World Grain - September 2019 - 63
World Grain - September 2019 - FEATURE: GROWTH ON IRAN FEED INDUSTRY’S HORIZON
World Grain - September 2019 - 65
World Grain - September 2019 - 66
World Grain - September 2019 - 67
World Grain - September 2019 - FEATURE: Q&A WITH GAFTA’S SWITHUN STILL
World Grain - September 2019 - 69
World Grain - September 2019 - 70
World Grain - September 2019 - 71
World Grain - September 2019 - FEATURE: WILD WEATHER FAILS TO DRIVE PRICES HIGHER
World Grain - September 2019 - 73
World Grain - September 2019 - 74
World Grain - September 2019 - 75
World Grain - September 2019 - TECHNICAL PROFILE: MILL OF THE FUTURE
World Grain - September 2019 - 77
World Grain - September 2019 - 78
World Grain - September 2019 - 79
World Grain - September 2019 - SUPPLIER NEWS
World Grain - September 2019 - 81
World Grain - September 2019 - 82
World Grain - September 2019 - 83
World Grain - September 2019 - 84
World Grain - September 2019 - 85
World Grain - September 2019 - 86
World Grain - September 2019 - 87
World Grain - September 2019 - PRODUCT SHOWCASE
World Grain - September 2019 - WORLD GRAIN ARCHIVE
World Grain - September 2019 - ADVERTISER INDEX
World Grain - September 2019 - 91
World Grain - September 2019 - 92
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http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com