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Thursday, October 29, 2020
USDA defends its monthly forecast of US corn imports by China
The United States Department of Agriculture (USDA) defended its monthly forecast of US corn exports to China, which analysts said has already surpassed USDA's estimate, Reuters reported.
Monday, October 12, 2020
US corn and soybean supplies less than previously projected
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be smaller than estimated due to adverse weather reducing the farmers' harvest acreage, Reuters reported.
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
USDA raises US corn, soybean output forecast
The US Department of Agriculture increased its estimates of US 2020/21 corn and soybean production more than what most analysts expected, Reuters reported.
Tuesday, August 4, 2020
Chinese buyers buy record value US corn as tensions rise
According to the USDA, private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year, Reuters reported.
Sunday, July 12, 2020
China makes second-biggest US corn purchase
As China works to fulfil its Phase 1 trade deal obligation to significantly boost US farm product imports, the country booked its second-largest single-day US corn purchase on record, USDA data showed on Friday, Reuters reported.
Monday, July 6, 2020
China purchased more US corn and soybean in May
The United States exported large orders of corn, soybean and other agriculture goods to China in May, but China is still far from meeting its Phase 1 US-China trade deal pledge, Bloomberg reported.
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 ...
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
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.
Wednesday, April 22, 2020
US corn slumps to 10-1/2-year low
In more than 10 years, US corn prices lingered near their lowest as a drop in US crude futures was predicted to slash demand for the grain-based ethanol.
Friday, April 17, 2020
US corn's sown area slides below five-year average
Lower than the five-year average of 4% but similar to 2019 levels, USDA showed 3% of the intended US corn acreage planted through Sunday, according to its first crop progress report for 2020-21 released Monday.
Wednesday, April 1, 2020
US corn futures drop as ethanol makers feel COVID-19 limits
As tightening travel restrictions limited demand for biofuel due to the COVID-19 pandemic, US corn futures fell more than 1% on Monday on slowing grain demand from ethanol makers.
Friday, March 27, 2020
US corn closes slightly higher
On Thursday, the CME Group's farm markets trade weaker with May corn futures settling slightly ¼ cent higher at US$3.48¾ while July corn futures finished ¾ cent higher at US$3.54¼ at closing.
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