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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 ...
Friday, April 24, 2020
Excessive corn demand threatens Zambia's food security
Zambians' excessive reliance on corn as the country's staple food is threatening food security, says Central Patriotic Front member of parliament Brian Mundubile to News Diggers!.
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.
Tuesday, April 21, 2020
China Corn Weekly: Slow yet steady price hikes (week ended Apr 17, 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.
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.
Thursday, April 16, 2020
Corn futures hit record low as ethanol production drops
United States' corn futures reached a 3 ½ year low after record low ethanol output, with plunging demand for the commodity during the COVID-19 pandemic, reported Reuters.
Thursday, April 16, 2020
Corn, soybeans, ASF, coronavirus - and the damage done
Human and animal diseases are slashing world meat consumption estimates but having less of an impact on feed crop supplies. Strangely, the more these diseases depress feed crop markets, the faster the next rally will arrive.
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