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Tuesday, January 5, 2021
Platts: Momentum of demand for corn in Asia to sustain imports
The fundamentals behind the 2020 Asian corn price rally will continue to have momentum in 2021 as demand in key importing nations sustains trade flows, Platts reported.
Tuesday, January 5, 2021
Argentina's corn export suspension not likely to reduce local food prices
Argentina's recently announced suspension of corn exports will not have its intended effect, which was to lower the cost of local staples like steak, the country's CICCRA meat industry chamber said on January 4.
Thursday, December 31, 2020
Argentina to suspend corn exports till Feb 28
Argentina will suspend sales of corn for export until February 28, the agriculture ministry said on December 30, announcing the surprise move as part of the government's effort to ensure ample domestic food supplies, Reuters reported.
Wednesday, November 11, 2020
US corn and soybean stockpiles drop to its lowest since 2013/14
The United States Department of Agriculture (USDA) said corn and soybean supplies in the US will drop to its lowest in seven years because of increased exports and decreased harvest estimations, Reuters reported.
Tuesday, November 3, 2020
ADM CEO: COVID-19 outbreaks push demand for US corn and soybeans
Juan Luciano, Archer Daniels Midland (ADM) chief executive officer, said the COVID-19 pandemic is pushing government's food security worries, as importers need US corn and soybeans to meet increased demand, Reuters reported.
Friday, October 30, 2020
USDA: Mexico booked record US corn imports
The United States Department of Agriculture (USDA) said Mexico grains purchasers have booked their largest corn import volume from the United States since December 2019, Reuters reported.
Thursday, October 29, 2020
USDA defends its monthly forecast of US corn imports by China
The United States Department of Agriculture (USDA) defended its monthly forecast of US corn exports to China, which analysts said has already surpassed USDA's estimate, Reuters reported.
Monday, October 19, 2020
Brazil corn and soy tariffs suspended until early-2021
Brazil's Economy Ministry said it will suspend corn and soy import tariffs from countries outside the Mercosur trade bloc until early-2021 to lower food prices that are increasing inflation, Reuters reported.
Monday, October 12, 2020
US corn and soybean supplies less than previously projected
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be smaller than estimated due to adverse weather reducing the farmers' harvest acreage, Reuters reported.
Friday, October 2, 2020
China Corn: Robust demand lift prices (week ended Sep 25, 2020)
In view of soaring corn prices amid tight availability, deep processors eagerly stocked inventories. Hence, even as farmers were keen to release newly harvested corn, which were difficult to preserve due to the high moisture content, prices ...
Thursday, October 1, 2020
US stockpiles for soybean and corn fall as exports increase
The United States Department of Agriculture (USDA) said soybean and corn stockpiles were smaller than estimated as the US increased its exports of the commodities to China in the summer, Reuters reported.
Monday, September 14, 2020
USDA: China's demand for corn and soybeans remains strong
United States Agriculture Department (USDA) data showed China has maintained is strong demand for US corn and soybeans, with traders projecting the US government to increase its export forecast for corn and soybeans soon, Reuters reported.
Thursday, August 20, 2020
US crop tour projects higher Ohio corn output
On Monday, Pro Farmer Midwest Crop Tour estimated corn harvest in Ohio, US to be sharply higher than the previous year at 167.69 bushels per acre (bpa), Reuters reported.
Wednesday, August 19, 2020
China purchases 195,000 tonnes of US corn as domestic prices surge
The United States Department of Agriculture (USDA) said purchasers from China bought 195,000 tonnes of US corn, as corn prices in China continue to rise, Reuters reported.
Tuesday, August 18, 2020
USDA raises US corn, soybean output forecast
The US Department of Agriculture increased its estimates of US 2020/21 corn and soybean production more than what most analysts expected, Reuters reported.
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