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Tuesday, April 4, 2023
Only 28% of US wheat in good condition, corn 2% planted
The US Department of Agriculture's (USDA) first weekly crop progress report of the 2023 showed only 28% of US winter wheat are in good to excellent condition, the lowest since 1989, as drought conditions remain in key areas of the Plains wh ...
Tuesday, April 4, 2023
Study shows US red meat exports' value to corn and soybean sectors
An independent study conducted by World Perspectives and released by the US Meat Export Federation (USMEF) showed that beef and pork exports accounted for 503.4 million bushels of US corn usage, which equated to a market value of US$3.4 bil ...
Monday, April 3, 2023
US to expand corn, soybean plantings in 2023
The US Department of Agriculture (USDA) said US farmers are planning to expand corn plantings to 91.996 million acres and soybean seedings to 87.505 million acres this year, Markets Newswire reported.
Wednesday, March 29, 2023
Egypt releases a further 199,000 tonnes of corn and soy fodder from ports
El-Sayed El-Qusair, Egypt's Minister of Agriculture and Land Reclamation, said about 199,000 tonnes of corn and soy fodder worth US$96.4 million were released from Egyptian ports between March 17 to 23, to ease pressure on the country's pou ...
Monday, March 27, 2023
China buys US corn as prices decline
Traders and analysts said declining corn prices have prompted a rush of Chinese purchases of the grain, as the world's largest buyer scrambles to make up for a slow start to its import programme, Nasdaq reported.
Monday, March 27, 2023
USDA says corn export sales reach marketing year high
The US Department of Agriculture (USDA) said US corn export sales have reached a marketing year high for the week ended March 16, MarketWatch reported.
Wednesday, March 22, 2023
Algeria tenders to purchase up to 70,000 tonnes of livestock feed corn
European traders said Algeria has issued an international tender to buy up to 70,000 tonnes of livestock feed corn, Nasdaq reported.
Tuesday, March 21, 2023
Thailand allocates US$2 million budget for corn farmers
Thailand's government has approved a budget of THB 716 million (~US$20.8 million; THB 10 = US$0.29) to finance an income guarantee programme for corn farmers that supply the livestock feed sector, and another THB 1 billion (~US$29.1 million ...
Friday, March 17, 2023
Argentina's corn and soybeans may receive rain next week
The Buenos Aires Grains Exchange said Argentina's corn and soybeans may receive some much-needed rainfall next week, the beginning of a gradual recovery from an unprecedented drought that has severely impacted crops, Nasdaq reported.
Wednesday, March 15, 2023
Brazil's corn shipments to China decline in February due to focus on soybeans
Brazil's corn shipments to China dropped sharply in February 2023 due to the increased focus on soybean shipments, and the shift in Chinese buyers towards other countries such as the US and Ukraine for their corn supplies, Nasdaq reported.
Tuesday, March 14, 2023
Brazilian farmers expected to produce the highest volume of corn in history
Analysts said Brazilian farmers are expected to produce the highest volume of corn in history, despite planting delays in some areas of the country, Nasdaq reported.
Monday, March 13, 2023
Morocco's corn imports this year set to decline
Morocco's corn imports this year is expected to decline as its key grains source, Argentina, is affected by drought, resulting in possibly its lowest yield in three years, Morocco World News reported.
Thursday, March 9, 2023
US government slashes Argentina's soybean and corn harvest forecast
The US government estimates Argentina's upcoming soybean harvest will be nearly 20% lower than previously forecast due to hot and dry conditions that have wilted crops there throughout the growing season, Nasdaq reported.
Wednesday, March 8, 2023
Egypt releases more corn and soybean fodder stuck at ports
Egypt's Ministry of Agriculture and Land Reclamation has released 137,000 tonnes of corn and soybean fodder valued at about US$67 million between 24 February and 2 March, Ahram Online reported.
Thursday, March 2, 2023
Brazil's soybean and corn crop forecasts for 2022/23 season raised
Financial services organisation StoneX has forecast a record soybean crop for Brazil for the 2022/23 season at 154.663 million tonnes, and for corn at another record of 130.61 million tonnes, Nasdaq reported.
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