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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.
Monday, October 5, 2020
China Corn: Slower pre-festive sales hold prices stable (week ended Oct 2, 2020)
Sales of corn slowed due to the approaching of Mid-autumn Festival and the long October holidays. This helped to ease the upward pressure of the corn market due to the anticipation of tight corn availability.
Friday, October 2, 2020
China Corn: Robust demand lift prices (week ended Sep 25, 2020)
In view of soaring corn prices amid tight availability, deep processors eagerly stocked inventories. Hence, even as farmers were keen to release newly harvested corn, which were difficult to preserve due to the high moisture content, prices ...
Tuesday, September 1, 2020
China Corn Weekly: Prices continue to fall from high levels (week ended Aug 28, 2020)
Corn prices moved lower in most parts of China as releases of state reserves corn increased. Traders who accumulated stocks in view of supply shortages in the coming period turned cautious while prices softened.
Friday, August 28, 2020
Nigerian poultry farmers plagued by corn shortage, high prices
The shortage of corn, which is used to produce feeds, has become a grave concern for Nigerian farmers, who have appealed to the federal government to come to their rescue.
Wednesday, August 26, 2020
China Corn Weekly: Increased availability holds down prices (week ended Aug 21, 2020)
Releases of state auctioned corn gained momentum, easing the supply crunch in the market. This helped to hold down prices in several regions, which limited the overall price increase. Fearing that prices might move lower, traders were more ...
Wednesday, August 19, 2020
China purchases 195,000 tonnes of US corn as domestic prices surge
The United States Department of Agriculture (USDA) said purchasers from China bought 195,000 tonnes of US corn, as corn prices in China continue to rise, Reuters reported.
Tuesday, August 18, 2020
China Corn Weekly: Prices surge sharply in most regions, soften in others (week ended Aug 14, 2020)
High prices enticed traders to release corn inventories, helping to lower prices in several parts of China. However, price hikes in Shanghai, Nanjing and Chengdu surged 17%, 14% and 10% respectively amid inadequate availability.
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