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Flour Millers News

24 Dec 2015

Russian Grain Exporters Resume Trade with Turkey

Russian grain exporters have resumed deals with Turkish buyers after a short break caused by a deterioration in relations between the two countries, traders and analysts said. Russia, one of the world's largest wheat exporters, and Turkey, one of the biggest buyers of Russian wheat, have been locked in a dispute since Turkey shot down a Russian warplane near the Syrian-Turkish border in late November. For several weeks after that, Russian and Turkish traders held back from signing new contracts, fearing Moscow could suspend grain exports to Turkey or Ankara could curb purchases, the traders and analysts said. But no such measures have been imposed and business has returned to normal, they added.

04 Apr 2014

Moroccan Wheat Trade Pushes for Longer Import Window

Millers and wheat importers in Morocco have asked the government to establish a longer annual window for imports after scrambling to secure shipments this season, trade sources said. Morocco, like other North African countries, depends on imports of staple cereals. It is expected to buy around 2.5 million tonnes of foreign wheat in the 2013/14 marketing year. The country's import campaign typically runs from October to May when the local harvest starts. But this season, shipments did not get under way until January, condensing the shipment period and leading to a glut of cargoes at Moroccan ports. To give greater visibility, Moroccan wheat trade federation FIAC and flour millers group FNM have proposed to the authorities that the import campaign start in September, trade sources said.