November 3, 2014
US hog producer imports 25,000 tonnes of UK feed wheat
For the first time in two and a half years, British wheat is being exported to the US- this time as hog feed.
Reuters reports that US hog producer Murphy Brown, a unit of Smithfield Foods, imported 25,000 tonnes of British feed wheat and the cargo is expected to arrive in the US next month.
UK wheat is usually exported to Spain, the Netherlands and Portugal.
Meanwhile, the USDA's attache in Moscow has disclosed that Russia's current grain stocks, now the second highest in five years, continue to pile up following a good harvest and notwithstanding robust exports.
Grain stocks in the Southern European Russia, Russia's major grain exporting district, were close to the high levels on the same date in 2010 and 2011. The stocks in those years were record high because of the export ban of August 2010.
Wheat stocks at assembling and processing enterprises have also improved, although these stocks were still lower than levels in 2010 and 2011.
"In European Russia wheat prices in rubles continue to increase, driven by high export demand and concerns about the wheat crop in Siberia," the USDA attaché said in his report.