Anita Katial appointed chairperson of the International Grains Council for 2023/24

ENGLAND – The International Grains Council (IGC) has appointed Anita Katial, the incoming Agricultural Counsellor for the United Kingdom and the Republic of Ireland, as the Chairperson for 2023/24, World Grain has reported. This was revealed during the International Grains Council (IGC) that concluded its 58th IGC Council Session on June 14, 2023. The session also highlighted predictions for the…

Read More

International Grains Council cuts world grain production forecast by 2MT for 2023-24 marketing year

ENGLAND- The International Grains Council (IGC) is projecting a 2 million tonnes decrease in its world grain production forecast for the 2023-24 marketing year to 2.29 billion tonnes, which it said reflected recent dry weather. In its monthly Grain Market Report, released June 29, the IGC said that it expects this year’s (2023-24) corn production to decline by nearly 6%…

Read More

International Grains Council revises global flour trade higher

ENGLAND- In its 20th April 2023 report, the International Grains Council (IGC) revised global wheat flour trade in 2022-23 up 500,000 tonnes from its previous forecast of 13.8 million tonnes.  The new 14.3 million tonnes estimate is still well below the five-year average and historical peaks. However, if realized, it would represent a 2% increase over the 2021-22 trade total…

Read More

Global wheat flour trade falls to pandemic lows as low purchasing power in Africa affects demand

GLOBAL -The International Grains Council (IGC) forecast declining global wheat flour trade in the marketing year 2022-23 to reach 13.8 million tonnes (wheat equivalent) as sales in sub-Saharan Africa dry up. According to the IGC, the 2022-23 marketing year is similar to 2020-21 when the Covid-19 pandemic was at its peak and operation of mills at one of its lowest.…

Read More