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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.
Wednesday, July 8, 2020
China Corn Weekly: Market stays firm (week ended Jul 3, 2020)
Corn prices remained strong despite the government's auctioning of reserves corn, as buyers were keen to stock inventories in view of tight availability. However, prices hikes were limited while the usages of corn were limited by slow feed ...
Tuesday, July 7, 2020
Brazil exports lowest corn since 2012
Brazil's corn exports so far in 2019-20 have been the lowest since 2012, primarily due to low stocks after Brazil exported a record crop in 2018-19, S&P Global Platts reported.
Tuesday, July 7, 2020
Philippine indigenous groups receive corn seeds as crisis aid
The Department of Agriculture (DA) Caraga sent 96 bags of corn seeds to five beneficiary associations of the Special Area for Agricultural Development (SAAD) Program in Surigao del Sur, said the DA 13 regional spokesperson, Manila Bulletin ...
Monday, July 6, 2020
China purchased more US corn and soybean in May
The United States exported large orders of corn, soybean and other agriculture goods to China in May, but China is still far from meeting its Phase 1 US-China trade deal pledge, Bloomberg reported.
Monday, July 6, 2020
Labour shortage due to COVID-19 may affect US soybean and corn harvests
United States wheat farmers are affected by the shortage of seasonal immigrants who come to work on farms due to COVID-19, which may affect soybean and corn harvests that begin in September, Reuters reported.
Saturday, July 4, 2020
Indonesia's Jan-May corn feed mill usage slides 18% on-year
The corn consumption of Indonesia for animal feed in January-May was 2.51 million tonnes, 18% lower from the same period last year, according to Indonesia Feed Mill Association's chairman on Thursday, Reuters reported.
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