IAOM 2010 – South Africa
Baltic Region A New Origin for Quality Wheat
Cape Town 24/11/2010
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Baltic Sea Region
•Total area under grains • 6 mln ha
• Combined grain production • 27.5 mln tn
• Total exports – 8.3 mln tn • Feed barley: 1.5 mln tn • Malting barley: 1.3 mln tn • Feed wheat: 1.0 mln tn • Milling wheat: 4.5 mln tn
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Denmark
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Quality - Denmark
. Low protein – 10% - 11% . Test weight >78 kg/hl . Moisture <14.5% . P/L appx. 0.6 – 0.8 . Denmark has 3 Panamax ports and 2 handy size ports
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Production & Consumption
7000.0
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COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Sweden & Finland
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Wheat – Sweden & Finland
. Sweden appx 50.% spring wheat, Finland appx. 95% spring wheat; . Test weight > 80 kg/hl . Protein content: 11,5% - 14,5% . Moisture 12.5% - 13.5% . P/L 0.2 – 0.4 . Very high W, hagberg & gluten . Sweden has 4 panamax ports . Finland has 1 panamax port and 2 handy – sized ports for grain
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Production & Consumption
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Poland
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Quality - Poland
. Good alternative to German wheat, similar characteristics. . Protein – 13% - 15% . Test weight >77 kg/hl . Moisture appx. 14%; . Poland has 1 panamax port and 1 handy size port
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Production & Consumption
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COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Estonia, Latvia & Lithuania
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Quality – The Baltics
. Spring wheat ratio: Estonia 70%, Latvia 40%, Lithuania 20% . Similar characteristics to German wheat. Quality: Moisture 12.5% - 13.5%; Protein 12.5% - 15%; Test weight abt 80 kg/hl, good W, hagberg and gluten. . Estonia ha 2 panamax ports, Latvia 1 panamax port and 1 handy sized port and Lithuania 1 panamax port
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Production & Consumption
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0.000 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
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COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Baltic Sea wheats by alveograph
Latvia Sweden Poland
Lithuania Denmark Finland
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Destinations
. In EU: – Spain, The Netherlands, Belgium, Italy . Outside EU: – Turkey, Libya, Syria, Tunisia, Morocco, Senegal, Mauritania, South Africa, Tanzania, Ethiopia, Israel, Jordan, Saudi Arabia, Indonesia.
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Perspectives
. We expect the Baltic States exports to continue increasing
. We also also expect to see growth in Russian/Kazakh exports via the Baltic Sea.
. Due to the increasing demand in Southeast Asia and the Middle East we will likely see average shipment sizes increase.
. Barley production is in downward trend, oilseeds production is at maximum – the increase in production will be mostly from the wheat.
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Copenhagen Merchants Group
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal Thank You
Indrek Aigro Copenhagen Merchants T: +4522135316 E: [email protected]
COPENHAGEN MERCHANTS Baltic Grain & Feed CEREAL MERCHANTS Kalundborg / Fredericia / Aalborg / Grenaa Bulk Terminal