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Monday, July 6, 2020
Labour shortage due to COVID-19 may affect US soybean and corn harvests
United States wheat farmers are affected by the shortage of seasonal immigrants who come to work on farms due to COVID-19, which may affect soybean and corn harvests that begin in September, Reuters reported.
Saturday, July 4, 2020
Indonesia's Jan-May corn feed mill usage slides 18% on-year
The corn consumption of Indonesia for animal feed in January-May was 2.51 million tonnes, 18% lower from the same period last year, according to Indonesia Feed Mill Association's chairman on Thursday, Reuters reported.
Friday, July 3, 2020
US farmers cut one billion bushels from 2020 corn crop estimate
US farmers effectively slashed the 2020 corn crop forecast and planted less than one billion bushels from what they had planned in early spring, USDA data showed on Tuesday, Successful Farming reported.
Wednesday, May 27, 2020
Rise in US corn exports expected despite pandemic challenges
The COVID-19 pandemic has affected corn use for both animal feed and ethanol, with these "areas of demand" likely to be observed closely "as they are intertwined," said Peter Meyer head of grain and oilseed analytics for ...
Thursday, May 21, 2020
USDA gives COVID-19 assistance payments for corn, soy, wheat
US farmers that grow crops including corn and soybeans will get COVID-19 aid payments based on either half of their 2019 output or their supplies as of January 15, the government said Tuesday, Reuters reported.
Wednesday, May 13, 2020
US corn farmers face sharp losses as prices crash
This year, US corn farmers are facing heavy losses as prices crash to the lowest in over a decade after they had bought seeds and fertilisers, and began sowing the second-biggest crop since the Great Depression, reported Reuters.
Wednesday, May 13, 2020
US corn crop goes ahead five-year average with 67% planted
According to the USDA on Monday, US corn is being planted with 67% of the crop in the ground, ahead of a five-year average of 56%, reported Successful Farming.
Tuesday, May 12, 2020
China buys 686,000 tonnes US corn
According to the USDA, Chinese buyers bought 686,000 tonnes of US corn last week, reported Hoosier Ag Today.
Wednesday, May 6, 2020
Soybeans, corn futures fell as US-China tensions rise
CBOT soybean and corn futures slid on Monday as growing tensions between US and China raised further demand worries, adding to COVID-19 disruptions on biofuel and livestock feed markets, reported Reuters.
Wednesday, April 22, 2020
US corn slumps to 10-1/2-year low
In more than 10 years, US corn prices lingered near their lowest as a drop in US crude futures was predicted to slash demand for the grain-based ethanol.
Friday, April 17, 2020
US corn's sown area slides below five-year average
Lower than the five-year average of 4% but similar to 2019 levels, USDA showed 3% of the intended US corn acreage planted through Sunday, according to its first crop progress report for 2020-21 released Monday.
Thursday, April 16, 2020
Corn, soybeans, ASF, coronavirus - and the damage done
Human and animal diseases are slashing world meat consumption estimates but having less of an impact on feed crop supplies. Strangely, the more these diseases depress feed crop markets, the faster the next rally will arrive.
Thursday, April 9, 2020
US farmers to plant more corn, soybean acres for 2020
According to the USDA Prospective Plantings report, US farmers intend to plant more corn and soybean acres this year.
Wednesday, April 1, 2020
US corn futures drop as ethanol makers feel COVID-19 limits
As tightening travel restrictions limited demand for biofuel due to the COVID-19 pandemic, US corn futures fell more than 1% on Monday on slowing grain demand from ethanol makers.
Friday, March 27, 2020
US corn closes slightly higher
On Thursday, the CME Group's farm markets trade weaker with May corn futures settling slightly ¼ cent higher at US$3.48¾ while July corn futures finished ¾ cent higher at US$3.54¼ at closing.
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