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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.
Tuesday, May 12, 2020
Philippine corn output falls to four-year low
In the first quarter of the year, Philippine corn output dropped by 3.4% to 2.34 million tonnes, from last year's 2.42 million tonnes, as low farm-gate prices discouraged farmers from planting more corn, reported BusinessMirror.
Tuesday, May 12, 2020
China buys 686,000 tonnes US corn
According to the USDA, Chinese buyers bought 686,000 tonnes of US corn last week, reported Hoosier Ag Today.
Saturday, May 9, 2020
India to supply five lakh tonnes corn for poultry sector
The State government of India has resolved to supply five lakh tonnes of corn for poultry feed in the coming days, reported The Hindu.
Thursday, May 7, 2020
Indian state gives 50% machinery subsidy for paddy, corn cultivation
To boost direct sowing of paddy and mechanised cultivation of corn during Kharif season, India's Punjab government has decided to give subsidy of up to 50% to buy the necessary machinery, reported The Economic Times.
Wednesday, May 6, 2020
China Corn Weekly: Tightening supply, growing demand perk up prices (ended Apr 30, 2020)
Sales of corn was firm with the demand for animal feeds growing amid rising inventories of hogs and broilers Tightening availability of corn lifted prices substantially.
Wednesday, May 6, 2020
Soybeans, corn futures fell as US-China tensions rise
CBOT soybean and corn futures slid on Monday as growing tensions between US and China raised further demand worries, adding to COVID-19 disruptions on biofuel and livestock feed markets, reported Reuters.
Tuesday, May 5, 2020
China Corn Weekly: Tightening supply, growing demand perk up prices (ended Apr 30, 2020)
Sales of corn was firm with the demand for animal feeds growing amid rising inventories of hogs and broilers Tightening availability of corn lifted prices substantially.
Tuesday, April 28, 2020
China Corn Weekly: Market strengthens amid dwindling availability (ended Apr 24, 2020)
Corn prices showed no signs of stabilising in China as supplies continued to tighten. Nonetheless, prices hikes were gradual as weak poultry feed demand dampened the confidence of feed producers.
Saturday, April 25, 2020
Corn, beans and covid-19: Rational expectations vs deep uncertainty
Coronavirus radically altered corn's supply-demand balance during the early planting stage. As growers, livestock farms, Chinese importers, and US car drivers adapt to new market conditions, they will further revise –and partly counterbalan ...
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