Country News
Australia: Corn and sorghum production is anticipated to reach a five-year low in 2014/15 following an extended period of poor precipitation to total 3.19 MMT, according to Reuters. Corn and sorghum are used mostly as feedstock in Australia.
Canada: Canadian barley production is set to total 7.1 MMT, which is slightly smaller than earlier forecasts had predicted, reports Reuters.
Russia: Russia’s National Association of Exporters of Agricultural Products, a grain industry lobbying group, has requested that the government not curb exports as it could hurt the country’s agricultural sector, according to Bloomberg News. This request comes following an announcement from the government’s Veterinary and Phytosanitary Surveillance Service that it would introduce new regulations that could cause grain exports to drop.