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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.
Saturday, May 16, 2020
Over 200,000 hectares rice, corn farms at risk in Philippines
As Typhoon Ambo hit the Philippines, almost 266,000 hectares of rice and corn farms are at risk, making the Department of Agriculture (DA) to release portions of its Quick Response Fund (QRF), reported Manila Bulletin.
Friday, May 15, 2020
Algeria bids to purchase 40,000 tonnes corn
According to European traders on Wednesday, Algerian state agency ONAB has issued an international tender to buy around 40,000 tonnes of corn to be sourced from optional origins, reported Reuters.
Wednesday, May 13, 2020
US corn farmers face sharp losses as prices crash
This year, US corn farmers are facing heavy losses as prices crash to the lowest in over a decade after they had bought seeds and fertilisers, and began sowing the second-biggest crop since the Great Depression, reported Reuters.
Wednesday, May 13, 2020
US corn crop goes ahead five-year average with 67% planted
According to the USDA on Monday, US corn is being planted with 67% of the crop in the ground, ahead of a five-year average of 56%, reported Successful Farming.
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