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Thursday, June 25, 2020
India allows 500,000 tonnes of corn imports at reduced 15% tax
The Indian government has authorised 500,000 tonnes of corn imports at a lower 15% import tax to increase feed supplies for the poultry industry, Reuters reported.
Wednesday, June 24, 2020
BIOMIN warns high levels of deoxynivalenol in European corn, wheat harvest
BIOMIN has released the results of statistical analysis revealing that many parts of Europe can expect potentially harmful levels of mycotoxin contamination in the upcoming 2020 corn and wheat harvest.
Tuesday, June 23, 2020
China Corn Weekly: Prices stay firm (ended Jun 19, 2020)
As the take up rates and prices of state corn reserves auction remained high, traders held up spot corn prices in anticipation of tight availability.
Tuesday, June 16, 2020
China launches high-protein corn breeding for animal feed
The Chinese Academy of Agricultural Sciences has introduced a scheme to facilitate the breeding of high-protein corn varieties and encourage a positive development of animal husbandry, Xinhua reported.
Wednesday, June 10, 2020
South Africa, Zambia await second-largest corn crop
South Africa and Zambia are both expecting their second-largest corn harvests on record, Business Live reported.
Tuesday, June 9, 2020
China Corn Weekly: Tight availability holds up prices (ended Jun 5, 2020)
Spot supplies of corn remained tight as the state reserves corn would enter the market only towards middle of the month. Consequently, corn prices remained firm over the week despite limited demand.
Tuesday, June 9, 2020
BIOMIN warns high levels of deoxynivalenol in European corn, wheat harvest
BIOMIN has released the results of statistical analysis revealing that many parts of Europe can expect potentially harmful levels of mycotoxin contamination in the upcoming 2020 corn and wheat harvest.
Tuesday, June 2, 2020
China Corn Weekly: High reserves sales weigh on prices (ended May 29, 2020)
As the government released 4 million tonnes of reserves corn for sale, which was high than market expectations, abundant availability exerted pressure on the market. Traders who held back releases recently were eager to clear inventories in ...
Tuesday, June 2, 2020
Kenya's corn farmers stand against imports
Farmers in Kenya's South Rift have opposed the government's plans to purchase four million bags of corn from foreign sources worth an estimated KES10 billion (US$93.67 million), The Standard reported.
Thursday, May 28, 2020
Corn market uptrend aborted: The bear is back
After years of incremental progress towards a new bull market, the coronavirus outbreak perversely reversed corn market fundamentals and with it, the longterm price trend.
Wednesday, May 27, 2020
South Africa eyes higher 2020 corn crop
Corn farmers of South Africa are anticipated to reap more corn this year compared with the previous season because of favourable weather conditions, according to a Reuters survey on Tuesday.
Wednesday, May 27, 2020
Rise in US corn exports expected despite pandemic challenges
The COVID-19 pandemic has affected corn use for both animal feed and ethanol, with these "areas of demand" likely to be observed closely "as they are intertwined," said Peter Meyer head of grain and oilseed analytics for ...
Tuesday, May 26, 2020
China Corn Weekly: Prices soften as traders clear stocks (ended May 22, 2020)
Corn availability remained limited although traders attempted to clear stocks as the government is expected to release state reserves for auction soon. Demand wise, feed millers were less keen to stock inventories with transportation costs ...
Thursday, May 21, 2020
USDA gives COVID-19 assistance payments for corn, soy, wheat
US farmers that grow crops including corn and soybeans will get COVID-19 aid payments based on either half of their 2019 output or their supplies as of January 15, the government said Tuesday, Reuters reported.
Tuesday, May 19, 2020
China Corn Weekly: Tight availability strengthens prices (ended May 15, 2020)
With supplies in the market tightening and the state corn reserves auction delayed, prices of corn continued to move higher. IN the central regions on China, price hikes were more prominent as the costs of transportation increased.
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