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Tuesday, February 6, 2024
China Corn: Tepid demand slashes prices by 6% in four weeks (week ended Feb 5, 2024)
Sales of corn were slow as feed producers limited production while livestock markets continued to underperform. Pre-Chinese New stimulation was unexpectedly weak this year due to China's economic downturn. Consequently, corn market weakened ...
Friday, February 2, 2024
Gro forecasts Brazilian corn yields this year not to meet 2023's levels
Brazil's 2024 corn yields are currently forecast to fall short of 2023's record levels, according to Gro's machine learning-based Brazil Corn Yield Forecast Model.
Friday, February 2, 2024
Drop in Argentina's January 2024 corn stocks
Argentina's stocks of corn, controlled by stockpilers, industrialists and exporters, have reached 11.5 million tonnes last January, just below the 11.9 million tonnes from the same month last year and the second-highest volume on record, ac ...
Thursday, January 25, 2024
Record 7.44 million tonnes of corn procured by Xinjiang, China, last year
Corn procurement by Northwest China's Xinjiang Uygur autonomous region hit a record high of 7.44 million tonnes in 2023, according to the regional food and strategic reserves bureau.
Thursday, January 25, 2024
Rallying prices weaken export potential of India's corn in December
India's corn exports have almost ground to a halt since December due to a rally in local prices as a result of strong demand from the poultry and ethanol industry —making shipments from the country more expensive than those from rival ...
Wednesday, January 24, 2024
Several gene-edited soybean, corn varieties approved by China
China has approved several gene-edited soybean and corn varieties, the country's agriculture ministry said on January 18.
Monday, January 22, 2024
CP Foods' supplier advances efforts to combat haze, dust in corn supply chain in Thailand
Bangkok Produce Merchandising Public Company Limited (BKP), a key supplier of feed raw material for Charoen Pokphand Foods Public Limited (CP Foods), is proactively working with corn suppliers in Thailand through the Corn Burning Monitoring ...
Wednesday, January 17, 2024
Iowa, US corn yields remain strong despite lingering drought conditions
According to the United States Department of Agriculture, Iowa, US achieved an average corn yield of about 201 bushels per acre in the past year, surpassing the yields of the previous year and stands as the fourth highest in the state's his ...
Wednesday, January 17, 2024
Chicago corn future fell to three-year low
Chicago corn futures plunged to a three-year low on January 12 after the U.S. Department of Agriculture (USDA) reported that US corn stocks swelled to their highest levels since 2018.
Monday, January 15, 2024
International Grains Council forecasts 1.2 billion tonnes for global corn production in 2023/24
The International Grains Council (IGC) on January 11 raised its forecast for 2023/24 global corn production, mainly driven by an upward revision for China.
Friday, January 12, 2024
Brazil's CONAB adjusts downward soybean and corn production projections
Brazil's National Supply Company (CONAB), the equivalent of the United States Department of Agriculture (USDA), has revised its outlook downwards for soybean and corn production, attributing the month-to-month reductions to adverse weather ...
Thursday, January 11, 2024
Poultry association presses India to allow import of duty-free corn
The All India Poultry Breeders Association (AIPBA) demanded on January 8 that India permits duty-free imports of corn to meet the needs of the country's poultry industry amid a rise in grain consumption for ethanol production and insufficie ...
Wednesday, January 10, 2024
US corn export inspections ahead in week ending January 4
US corn export inspections as of the week ending January 4 are ahead of what's needed and meet projections for the current marketing year, according to the US Department of Agriculture (USDA).
Monday, January 8, 2024
South Korea's MFG buys more than 60,000 metric tonnes of feed corn on January 4
South Korea's Major Feedmill Group (MFG) has purchased an estimated 68,000 metric tonnes of animal feed corn in a private deal on January 4 without issuing an international tender, European traders said.
Thursday, January 4, 2024
Chicago corn records largest annual drop in a decade, wheat, soybeans also decline
In the final trading session of 2023, Chicago corn marked its most substantial yearly decrease in ten years, with wheat and soybeans following suit, largely influenced by robust harvests in Brazil and steady Black Sea trade that alleviated ...
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