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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.
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.
Friday, September 13, 2019
Two-way volatility for beans, only one direction for corn: Prices firm up prices as a flat, bearish USDA report hides scope for price volatility
Nominally unchanged corn estimates belie the crop's immature state going into Autumn and upward potential. Beans keep bobbing up and down with the US-China trade war.
Wednesday, August 14, 2019
Official statistics vs reality: The USDA devastates corn prices amid enduring tight fundamentals, supply uncertainty
Strangely high yield and acreage estimates, dwindling liquidity, political crisis and trade wars exaggerate the deflationary impact of illusory corn abundance. Random weather changes can eaily slash harvest estimates back to previous levels ...
Monday, July 1, 2019
Skeptical incredulity, high price volatility in wake of a bizarre USDA corn planting estimate
Can a stunningly large miscalculation = a good buying opportunity? Expect nervous investors, skittish price movements until market confidence in its "official" information is restored.
Monday, February 5, 2018
China Corn Weekly: Prices stagnant amid cautious mood (week ended Feb 2, 2018)
Sales of corn remained limited as buyers were cautious while livestock market performs below expectations. Prices of corn remained stable in most regions. On average, corn prices rose a marginal 0.30%.
Wednesday, September 20, 2017
China Corn Weekly: Tight availability underpins prices despite cautious demand (week ended Sep 15, 2017)
Corn market stayed firm amid limited supplies. However, buyers were reluctant to stock high inventories as the corn harvest is around the corner. Additionally, ample imports limited the upward scope of the market.
Tuesday, September 5, 2017
China Corn Weekly: Prices stay firm, rise 3% in August (week ended Sep 1, 2016)
Although the government continued to release corn stocks from the state reserves for auction, supplies of soymeal remained tight as environmental inspections hampered production in the northern region. Soymeal prices increased 0.23% on aver ...
Monday, December 5, 2016
China Corn Weekly: Cautious mood holds prices flat (week ended Dec 2, 2016)
Corn prices moved within a narrow range, inching down 0.14% on average.
Monday, October 3, 2016
China Corn Weekly: Lacklustre demand, imminent supply rise weaken prices substantially (week ended Sep 30, 2016)
Corn prices dropped significantly by 2.08% over the week as demand softened during late September with feed millers halting operation in preparation for the long break in early October. Moreover, buyers were not eager to stock inventories i ...
Tuesday, April 26, 2016
China Corn Weekly: Lacklustre demand weighs on prices (week endedApr 22, 2016)
Corn prices dropped another 0.63% over the week, as demand continued to stay slack. As broiler prices slid further while the egg market recovered at a slow pace, poultry feed producers limited corn procurements to be on the safe side. This ...
Monday, November 9, 2015
China Corn Weekly: Sharper price falls amid lacklustre demand (week ended Nov 7, 2015)
As supplies of corn increased in the northeast, while demand stayed weak with feed production sluggish, corn market was under great pressure over the week. Although some traders jumped on the opportunity to stockpile inventories, prices of ...
Monday, August 31, 2015
Prices for US soybean and corn below production costs
A burgeoning global supply of soybean, coupled with near-record output in the States, could push down prices for US new-crop soybean and corn to as much as US$1 to US$2 per bushel, Reuters reported.
Monday, August 3, 2015
China Corn Weekly: Cautious mood holds prices flat (week ended Jul 31, 2015)
Following the recent week's weak increase, corn prices consolidated lower, inching down 0.08%. Feed miller, who remained cautious, were reluctant to accumulate inventories, while traders negotiated price in efforts to clear stocks. Nonethel ...
Monday, June 15, 2015
China Corn Weekly: Prices stay stable despite lacklustre demand (week ended Jun 12, 2015)
Demand for corn remained slack as feed sales were slow. Additionally, higher usages of wheat in some regions curtailed the demand for corn. Hence, even though supplies dwindled, corn prices remained stable in most regions. On average, price ...
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