(World-Grain.com, December 22, 2009)
by World Grain Staff
ARLINGTON, VIRGINIA, U.S. — U.S. Wheat Associates (USW) announced on Dec. 21 that the organization recently conducted a seminar in Riyadh, Saudi Arabia to introduce U.S. wheat and the U.S. marketing system to the country's Grain Silos and Flour Mills Organization (GSFMO).
USW said the seminar was the first ever held exclusively with GSFMO and was designed to build confidence in U.S. wheat crop quality, handling, and commercial reliability. The seminar was conducted in cooperation with local U.S. Department of Agriculture Foreign Agricultural Service and State Department officials, USW said.
Saudi Arabia has decided to end domestic wheat production by 2016 and may eventually need to import more than 2.5 million tonnes (91 million bushels) of wheat per year, USW said. The Saudi government is seeking to reduce domestic grain production in general in order to conserve water.
"Competition for this market is intense," said Dick Prior, USW regional vice-president, Cairo, Egypt.
"The Canadian Wheat Board monopoly is allowing select traders to offer comparable quality Canadian wheat at delivered prices well below what our exporters can offer so establishing the value of U.S. wheat with GSFMO is critical."
The USW said that as of Dec. 17, Saudi Arabia had purchased almost 60,000 tonnes (2.2 million bushels) of U.S. hard red winter wheat in marketing year 2009-10 (June-May).
Sooo... we sell CWRS at close to US Winter wheat prices... and doubledown on discounts Canadian winter wheat...
What a 'green' signal to send us western Canadian growers... grow top quality... so the CWB can give our grain away below market value!!!!
How else can the unfair discriminatory 'Select' Winter Wheat system be explained?
by World Grain Staff
ARLINGTON, VIRGINIA, U.S. — U.S. Wheat Associates (USW) announced on Dec. 21 that the organization recently conducted a seminar in Riyadh, Saudi Arabia to introduce U.S. wheat and the U.S. marketing system to the country's Grain Silos and Flour Mills Organization (GSFMO).
USW said the seminar was the first ever held exclusively with GSFMO and was designed to build confidence in U.S. wheat crop quality, handling, and commercial reliability. The seminar was conducted in cooperation with local U.S. Department of Agriculture Foreign Agricultural Service and State Department officials, USW said.
Saudi Arabia has decided to end domestic wheat production by 2016 and may eventually need to import more than 2.5 million tonnes (91 million bushels) of wheat per year, USW said. The Saudi government is seeking to reduce domestic grain production in general in order to conserve water.
"Competition for this market is intense," said Dick Prior, USW regional vice-president, Cairo, Egypt.
"The Canadian Wheat Board monopoly is allowing select traders to offer comparable quality Canadian wheat at delivered prices well below what our exporters can offer so establishing the value of U.S. wheat with GSFMO is critical."
The USW said that as of Dec. 17, Saudi Arabia had purchased almost 60,000 tonnes (2.2 million bushels) of U.S. hard red winter wheat in marketing year 2009-10 (June-May).
Sooo... we sell CWRS at close to US Winter wheat prices... and doubledown on discounts Canadian winter wheat...
What a 'green' signal to send us western Canadian growers... grow top quality... so the CWB can give our grain away below market value!!!!
How else can the unfair discriminatory 'Select' Winter Wheat system be explained?
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