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Wednesday, August 12, 2020
China Corn Weekly: Faster price hikes amid shortages (week ended Aug 7, 2020)
Prices of corn surged at a faster pace as buyers were more wary of the shortages of grains in China. In Zhengzhou, Henan, corn prices jumped by as much as 12% amid tight availability.
Tuesday, August 11, 2020
US Department of Energy clarifies corn use for feedstock
In the most recent Funding Opportunity Announcement (FOA), the US' Department of Energy's (DOE) Bioenergy Technologies Office (BETO) clarified that corn grain is an acceptable feedstock, Ohio's Country Journal reported.
Tuesday, August 4, 2020
Chinese buyers buy record value US corn as tensions rise
According to the USDA, private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year, Reuters reported.
Tuesday, July 28, 2020
Nigeria bank's corn import ban may hurt poultry industry
The Central Bank of Nigeria's (CBN) recent directive on corn import ban has been described as ill-timed, with potentially negative consequences for Nigeria's poultry sector, Premium Times reported.
Tuesday, July 28, 2020
China seeks to sell wheat, rice to tame soaring corn prices
China plans to sell rice and wheat from state reserves to animal feed producers who are struggling with high corn prices, sources familiar with the matter said, Reuters reported.
Monday, July 27, 2020
China Corn Weekly: Hampered deliveries, firm demand strengthen prices (week ended Jul 24, 2020)
Deliveries of corn were hampered in several regions of China, particularly in the south where floods were serious. With supplies inconsistent and buyers keen to stock inventories amid concerns of scarcity, corn prices surged further.
Wednesday, July 22, 2020
South Korea's feed agency rejects 69,000-tonne corn
According to European traders, the Korea Feed Association (KFA) have rejected all offers and made no purchase in a tender last Thursday to buy up to 69,000 tonnes of corn, Reuters reported.
Tuesday, July 21, 2020
China Corn Weekly: Slow, steady price hike (week ended Jul 17 2020)
Tight availability of quality corn continued to push price higher even though overall market supply increased due to the sales of state reserves stocks. As several parts of China experienced severe floods that raised water levels to record ...
Friday, July 17, 2020
Sinograin has no corn quality issues in stocks
After probing into the corn quality in one of Sinograin's warehouses, the China's state stockpiler stated on Tuesday that it had found none of the problems alleged in a video shared on social media over the weekend, Reuters reported.
Wednesday, July 15, 2020
Sinograin probes corn quality in northeastern China
Sinograin is investigating the corn quality in one of its warehouses in northeastern China, after a video showed that the site was full of mouldy, low-grade corn, China's state grain stockpiler said Sunday, Reuters reported.
Tuesday, July 14, 2020
China Corn Weekly: Prices stay at five-year highs (week ended Jul 10, 2020)
More corn supplies from the state reserves auctions were available in the market, hence fulfilling and demand from deep processing industry to a certain extent. However, supplies remained tight, prompting several deep processors to halt ope ...
Monday, July 13, 2020
US drops wheat, corn crop forecasts as farmers cut acreage
The US dropped its domestic corn and wheat harvest estimates on Thursday due to a cut in landforecasts, Reuters reported.
Sunday, July 12, 2020
China makes second-biggest US corn purchase
As China works to fulfil its Phase 1 trade deal obligation to significantly boost US farm product imports, the country booked its second-largest single-day US corn purchase on record, USDA data showed on Friday, Reuters reported.
Thursday, July 9, 2020
Brazil's national agricultural agency drops corn production estimate for 2019 / 2020
Brazil's Companhia Nacional de Abastecimento (Conab), the national agricultural agency has lowered its projections for corn production for the 2019 / 2020 season from 100.99 million tonnes to 100.56 million tonnes, S&P Global Platts rep ...
Thursday, July 9, 2020
CP Foods brings new technologies to sustainable corn sourcing
Charoen Pokphand Foods PCL (CP Foods) has applied new technologies to ensure that 100% of its animal feed corn is sourced from legal crop plantations with title deeds, and without forest encroachment and post-harvest burning.
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