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Friday, July 3, 2020
US farmers cut one billion bushels from 2020 corn crop estimate
US farmers effectively slashed the 2020 corn crop forecast and planted less than one billion bushels from what they had planned in early spring, USDA data showed on Tuesday, Successful Farming reported.
Tuesday, June 30, 2020
China Corn Weekly: High reserves corn prices strengthen spot market (ended Jun 26, 2020)
While the auction prices of state reserves corn were high, the spot corn market strengthened in view of tight availability and firm demand. Corn prices increased at a faster pace as traders who had limited stocks withheld releases.
Monday, June 29, 2020
Myanmar Ministry of Commerce to support banks providing loans to Myanmar corn farmers
U Min Khang, chairman of the Myanmar Corn Industrial Association said an agreement was made with the Ministry of Commerce for the latter to help provide government loans or connections to banks in order to expand corn plantations, the Myanm ...
Monday, June 29, 2020
Consumer Physics develops firsthandheld corn growth monitoring device
Israeli-based Consumer Physics has developed the first handheld micro-spectrometer device to monitor and optimise corn growth with support from major United States corn and seed producers, Geektime reported.
Saturday, June 27, 2020
Global grains council increases 2020/21 global wheat, corn output estimate
On Thursday, the International Grains Council (IGC) announced a higher estimate for global wheat output in the 2020/21 season, with improved outlooks for Australia and China more than offsetting a downward revision for the EU, Reuters repor ...
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.
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