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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.
Wednesday, April 15, 2020
EU awards 480,000 tonnes Ukrainian corn imports
Official data showed on Wednesday that the EU has awarded licences to import 480,000 tonnes of corn and 270,000 tonnes of barley under duty-free quotas reserved for Ukrainian supplies.
Monday, April 13, 2020
China Corn Weekly: Prices continueto rise(week ended Apr 10, 2020)
As corn traders held back releases, prices continued to move higher while buyers continued to expandinventories. Feed producers who anticipated poultry feed consumption to recover towards late April increased purchases as well.
Thursday, April 9, 2020
US farmers to plant more corn, soybean acres for 2020
According to the USDA Prospective Plantings report, US farmers intend to plant more corn and soybean acres this year.
Wednesday, April 8, 2020
ABPA says Brazil meat processors will need to import corn from May
Brazil-based meat lobby group ABPA said domestic prices for corn are reaching record high levels, causing the country's chicken and swine processors to look to import the commodity, reported Reuters.
Tuesday, April 7, 2020
China Corn Weekly: Strengthening prices amid dwindling availability (week ended Apr 3, 2020)
Corn prices strengthened while deep processors restocked depleting inventories as supplies dwindled. Traders withheld releases as in view of stronger prices while feed millers limited buying cautiously with livestock feed consumption slow.
Tuesday, April 7, 2020
Kenya's food crisis looms amid declining corn stocks
The COVID-19 pandemic could bring Kenyans into a food crisis if the current corn stocks, which are only sufficient for two months, are not replenished.
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