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Wednesday, February 24, 2021
China Lysine: Producers lift prices amid corn shortages (week ended Feb 22, 2021)
Buyers were eagerly purchasing corn during the Chinese New Year period amid fears that the supply shortages would result in production difficulties. With output limited and the costs of corn set to soar further, lysine producers lifted expo ...
Monday, February 8, 2021
China Corn: Prices climb to new highs despite slow sales (week ended Feb 5, 2021)
Supplies of corn remained limited although farmers released stocks amid fears that grains would decay easily due to the humid climates in the north. Hence, even as sales dwindled while buyers gradually operation in preparation for the upcom ...
Monday, February 1, 2021
H5N8 bird flu outbreak in South Korea lowers demand for feed as corn prices surge
Market sources said South Korea's H5N8 bird flu outbreak has reduced demand for corn-based livestock feed during a time when corn prices have surged to record highs, S&P Global Platts reported.
Monday, February 1, 2021
China Corn: Prices surge 60% on-year (week ended Jan 29, 2021)
Corn supply remained tight, hence supporting prices to move higher. However, as smaller traders in need of cash before the Chinese New year released stocks, price hikes slowed amid increased availability. Climbing for five consecutive weeks ...
Thursday, January 21, 2021
China VC: Prices surge as corn breaks new highs (week ended Jan 18, 2021)
Vitamin C producers continued to lift the prices of vitamin C as corn costs surged tremendously to all time high. Feed manufacturers, who were placing orders in preparation for the upcoming Chinese New Year holidays, increased purchases ami ...
Tuesday, January 5, 2021
Argentina's corn export suspension not likely to reduce local food prices
Argentina's recently announced suspension of corn exports will not have its intended effect, which was to lower the cost of local staples like steak, the country's CICCRA meat industry chamber said on January 4.
Monday, January 4, 2021
China Corn: Prices break records as auctions fail to meet demand (week ended Dec 30, 2020)
Shortages of corn in China worsened as the state reserves auctions were insufficient to meet demands. Deep processors were compelled to increase buying prices while the availability of corn in the production region dwindled. Prices rose sha ...
Tuesday, December 29, 2020
China Corn: Corn auctions hold down prices (week ended Dec 25, 2020)
As supplies increased due to the state reserves auction, prices of corn stayed soft. Several farmers were reluctant to release newly harvested corn while prices fell below expectations.
Tuesday, December 15, 2020
China Corn: Prices climb to new highs, government releases reserves (week ended Dec 11, 2020)
China government halted corn reserves stockpiling and released 576,600 tonnes of state reserves. Traders turned cautious while supplies increased, hence limiting corn price rise.
Tuesday, December 8, 2020
China Corn: Prices break new highs (week ended Dec 4, 2020)
Buyers were keen to stock inventories of corn in view of inadequate availability in 2021. Soaring to new highs corn prices, broke the record set in July 2014.
Tuesday, December 1, 2020
China Corn: Prices set to hit new highs (week ended Nov 27, 2020)
Corn prices increased further amid concerns of inadequate availability. Despite ample supplies in the near term, China is expected to face corn shortages in 2021, particularly in the south where livestock inventories recover steadily.
Monday, November 23, 2020
China Corn: Tight availability, firm demand drive up prices (week ended Nov 20, 2020)
Port availability of corn tightened lately, hence helping to underpin prices. Meanwhile, increased feed consumption and feed additives production strengthened the demand for corn, prompting traders to lift prices.
Tuesday, November 10, 2020
China Corn: Prices climb towards to 2014 record highs (week ended Nov 6, 2020)
Despite a shrinking poultry population in October, the demand for corn remained robust as buyers continued to stockpile inventories in anticipation of tighter availability. However, as more wheat, a substitute of corn, is available in the m ...
Wednesday, October 28, 2020
China Corn: Prices soar further, less than 5% to 2014 records (week ended Oct 23, 2020)
Supplies of corn were tight as harvests were slow while farmers withheld releases in view of soaring prices. Traders and end users who anticipated strong prices ahead amid low availability eagerly stocked inventories. Weekly average price c ...
Tuesday, October 20, 2020
China Corn: Prices unseen since May 2015 (week ended Oct 16, 2020)
Traders stocked inventories of corn eagerly in view of tight availability, hence supporting prices to move higher. Although newly harvested corn was ready for sale, supply was insufficient to meet demand due to low crop production.
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