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Wednesday, May 12, 2021
China imports most US corn since January despite new feed mix guidelines
The United States Agriculture Department (USDA) said China imported 1.36 million tonnes of corn from the US, matching their seventh biggest ever purchase of US corn even though China issued guidelines to reduce corn and soymeal in swine and ...
Wednesday, May 5, 2021
Most active US corn futures reach US$7 for the first time since 2013
The most active corn futures on the Chicago Board of Trade (CBOT) reached US$7 a bushel for the first time since 2013 due to tightening global supplies of the commodity and dry crop weather in Brazil, Reuters reported.
Tuesday, May 4, 2021
China Corn: Market stays firm on limited supply (week ended May 3, 2021)
Corn sellers, who had limited stocks to offer, stood firm on prices amid low inventory pressure. Demand was stable before the May Day holidays as feed producers increased stockpiles. However, deep processors, who were making limited profits ...
Monday, May 3, 2021
Corn prices increase due to tight supply, rising demand, says Brazil's CEPEA
Restricted supply and rising demand have been pushing corn prices up since mid-February, according to researchers from Brazil's Center for Advanced Studies in Applied Economics (CEPEA).
Wednesday, April 28, 2021
Asian feed producers turn to wheat as corn prices surge to multi-year highs
Asian feed producers in China, South Korea and Vietnam have switched to buying more wheat from Australia and the Black Sea region for livestock feed as corn prices surge to multi-year highs, said two Singapore-based grains traders, Reuters ...
Monday, April 26, 2021
Major Brazilian meatpackers turn to wheat as corn prices surge
Brazilian meat lobby ABPA said major meatpackers in the country are turning to wheat as a livestock feed alternative with corn prices surging, Reuters reported.
Monday, April 26, 2021
2020/2021 Argentina corn crop forecast increased to 50 million tonnes
The Rosario grains exchange has increased Argentina's 2020/2021 corn crop forecast from 48.5 million tonnes to 50 million tonnes, because of a higher planting area and good yields in the Cordoba province, Reuters reported.
Monday, April 26, 2021
China Corn: Tightened availability underpins prices (week ended Apr 26, 2021)
Corn availability tightened, prompting traders to lift prices. Farmers, who were more concerned with the spring planting, withheld releases while prices fell below expectations.
Wednesday, April 21, 2021
US corn futures highest in eight years, soybean nears seven year high
Chicago Board of Trade (CBOT) corn futures reached its highest in eight years, while soybean futures neared its highest in seven years, which analysts said are because of tightening supplies supporting cash markets and speculative buying, R ...
Wednesday, April 21, 2021
Brazil's ABPA says the US and Ukraine will benefit from soybean and corn tariff waivers
Ricardo Santin, president of Brazilian meat lobby ABPA, said the government's decision to suspend import tariffs for soybean and corn will benefit the United States and Ukraine, as two countries could export corn to Brazil as livestock feed ...
Tuesday, April 20, 2021
Brazil Agriculture Ministry suspends import duties on soy and corn until end-2021
Brazil's Agriculture Ministry has suspended import duties on soy, soybean meal, soybean oil, and corn until the end of this year as the country looks to slow down inflation caused by surging commodities prices globally, Reuters reported.
Monday, April 19, 2021
China Corn: Price rebound ends five week tumble (week ended Apr 19, 2021)
Corn prices rebounded slightly after tumbling 6.5% in five weeks. Demand remained flat while supplies tightened as traders held back releases with corn prices falling below expectations.
Tuesday, April 13, 2021
USDA: Corn supply to shrink further due to high demand
The US Department of Agriculture (USDA) said domestic corn supplies will drop more than projected previously due to high demand from the livestock feed, export and ethanol sectors, Reuters reported.
Monday, April 12, 2021
China Corn: Increased availability sinks prices (week ended Apr 12, 2021)
Demand for corn was slow as the livestock sectors stayed weak. Meanwhile, traders in the northeast region eagerly released stocks before the Qingming Festival holidays, hence increasing the downward pressure of corn market.
Monday, April 5, 2021
Upcoming Argentina dry spell to help corn and soy harvest
Climatologists said an upcoming dry spell will help kick off corn and soy harvesting in Argentina, following rains at the country's farm belt since mid-March that has stopped the deterioration of both commodities' yields, Reuters reported.
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