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Friday, September 18, 2020
Argentinian farmers deliberate between soy and corn for upcoming planting season
Argentinian farmers are projected to grow soy because of its high prices, but the dry weather has driven some farmers on the Pampas grains belt to choose late-season corn that are attractively priced too, Reuters reported.
Thursday, September 17, 2020
Philippine feed millers agree to buy more local corn
Following backlash for citing high local corn prices as the main reason for its decision to import 81,000 tonnes of feed wheat from the Black Sea and Australia, the Philippine Association of Feed Millers Inc. (PAFMI) has agreed to buy more ...
Monday, September 14, 2020
USDA: China's demand for corn and soybeans remains strong
United States Agriculture Department (USDA) data showed China has maintained is strong demand for US corn and soybeans, with traders projecting the US government to increase its export forecast for corn and soybeans soon, Reuters reported.
Tuesday, September 8, 2020
China Corn: Traders release stocks to reap gains (week ended Sep 4, 2020)
Traders who stocked corn inventories earlier were more eager to release stockpiles as prices slid with availability increased.
Thursday, September 3, 2020
China facing food security issues over corn shortage
Rising corn prices are fueling food security concerns in China, with food inflation rising to record levels and President Xi Jinping calling for a stop to food wastage, Reuters reported.
Tuesday, September 1, 2020
China Corn Weekly: Prices continue to fall from high levels (week ended Aug 28, 2020)
Corn prices moved lower in most parts of China as releases of state reserves corn increased. Traders who accumulated stocks in view of supply shortages in the coming period turned cautious while prices softened.
Friday, August 28, 2020
Nigerian poultry farmers plagued by corn shortage, high prices
The shortage of corn, which is used to produce feeds, has become a grave concern for Nigerian farmers, who have appealed to the federal government to come to their rescue.
Thursday, August 27, 2020
Vietnam corn importers cancel, defer Aug/Sep shipments
Corn buyers in Vietnam, one of the world's fastest growing feed grain markets, are postponing purchases and have cancelled some cargoes amid oversupply, two trade sources told Reuters.
Wednesday, August 26, 2020
China Corn Weekly: Increased availability holds down prices (week ended Aug 21, 2020)
Releases of state auctioned corn gained momentum, easing the supply crunch in the market. This helped to hold down prices in several regions, which limited the overall price increase. Fearing that prices might move lower, traders were more ...
Thursday, August 20, 2020
US crop tour projects higher Ohio corn output
On Monday, Pro Farmer Midwest Crop Tour estimated corn harvest in Ohio, US to be sharply higher than the previous year at 167.69 bushels per acre (bpa), Reuters reported.
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.
Tuesday, August 18, 2020
China Corn Weekly: Prices surge sharply in most regions, soften in others (week ended Aug 14, 2020)
High prices enticed traders to release corn inventories, helping to lower prices in several parts of China. However, price hikes in Shanghai, Nanjing and Chengdu surged 17%, 14% and 10% respectively amid inadequate availability.
Tuesday, August 18, 2020
USDA raises US corn, soybean output forecast
The US Department of Agriculture increased its estimates of US 2020/21 corn and soybean production more than what most analysts expected, Reuters reported.
Wednesday, August 12, 2020
10 million acres of Iowa corn farmland devastated by storm
Mike Naig, Iowa Agriculture Secretary said the Derecho storm on July 10 had impacted about 10 million acres of Iowa corn farmland and millions of bushels of grain storage, Reuters reported.
Wednesday, August 12, 2020
Argentina expects over six million hectares corn area
The soon-to-be planted 2020/21 corn crop of Argentina is seen at around 6.3 million hectares, same as the area of the recently gathered crop, thanks to attractive prices, local growers and analysts said, Reuters reported.
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