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Monday, February 15, 2021
Chinese corn imports expected to reach 24 million tonnes for 2020/21
China's record corn imports are forecast at 24.0 million tonnes for 2020/21.
Wednesday, February 10, 2021
USDA: Export demand will cut into tight US corn and soybean supplies
The United States Department of Agriculture (USDA) said strong export demand will cut into tight US corn and soybean supplies mora than projected previously, Reuters reported.
Wednesday, February 10, 2021
China discovers illegally produced genetically modified corn seeds
China's Ministry of Agriculture and Rural Affairs said it has discovered illegally produced or prohibited research conducted on genetically modified (GM) corn and cotton seeds by eight companies and research institutes, Reuters reported.
Monday, February 8, 2021
China Corn: Prices climb to new highs despite slow sales (week ended Feb 5, 2021)
Supplies of corn remained limited although farmers released stocks amid fears that grains would decay easily due to the humid climates in the north. Hence, even as sales dwindled while buyers gradually operation in preparation for the upcom ...
Friday, February 5, 2021
China's feed producers and grain users keep record corn stockpiles
Corn stockpiles held by China's feed producers and commercial grain users have reached multi-year highs over concerns of crop shortages even after a recent corn harvest, Reuters reported.
Thursday, February 4, 2021
Corteva projects 2021 profit above analysts' estimates thanks to strong demand for corn and soybean
Corteva Inc projected 2021 core earnings above estimates from analysts as strong demand for corn and soybean crops boosted prices for the commodities, in turn increasing demand for the company's seed and pesticide products, Reuters reported ...
Wednesday, February 3, 2021
Mexico corn imports projected to drop 9% in 2021
Mexico's Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food said the country's corn imports could drop by about 9% in 2021 as the government discourages genetically modified (GMO) grains and increase the use of local ...
Monday, February 1, 2021
USDA: China's latest US corn purchase the biggest ever
The United States Department of Agriculture (USDA) said China has booked its biggest purchase of US corn, the second biggest purchase at once from any country since the Soviet Union in January 1991, Reuters reported.
Monday, February 1, 2021
H5N8 bird flu outbreak in South Korea lowers demand for feed as corn prices surge
Market sources said South Korea's H5N8 bird flu outbreak has reduced demand for corn-based livestock feed during a time when corn prices have surged to record highs, S&P Global Platts reported.
Monday, February 1, 2021
China Corn: Prices surge 60% on-year (week ended Jan 29, 2021)
Corn supply remained tight, hence supporting prices to move higher. However, as smaller traders in need of cash before the Chinese New year released stocks, price hikes slowed amid increased availability. Climbing for five consecutive weeks ...
Wednesday, January 27, 2021
US corn futures surge 4%, soy also up
Corn futures on the Chicago Board of Trade (CBOT) surged 4% after news of new export sales to China sparked concerns about tightening United States and world grain supplies, while soybean futures are up because of a possible slow start to ...
Tuesday, January 26, 2021
Drop in soybean, corn futures attributed to South American weather, ASF in China
Soybean and corn futures have fell due to favorable South American weather and the resurgence of African swine fever in China, market sources told S&P Global Platts on January 25.
Monday, January 25, 2021
China Corn: No signs of rally cooling (week ended Jan 22, 2021)
Tight availability of corn in China continued to push up prices while buyers continued to lift prices to secure supplies. Adding to the fears of a supply crunch, worsening disease situation, which hampered deliveries, prompted buyers to ac ...
Thursday, January 21, 2021
China VC: Prices surge as corn breaks new highs (week ended Jan 18, 2021)
Vitamin C producers continued to lift the prices of vitamin C as corn costs surged tremendously to all time high. Feed manufacturers, who were placing orders in preparation for the upcoming Chinese New Year holidays, increased purchases ami ...
Thursday, January 21, 2021
Ukrainian grain traders oppose call to limit corn exports
Ukrainian grain traders said they see no reason why corn exports should be restricted for the 2020/21 season, a move called for by livestock feed and meat producers to avoid higher feed prices, Reuters reported.
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