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Wednesday, April 1, 2020
Brazil's Parana expects more soy, less corn crops
Brazil's Parana raised its forecast for the current 2019-20 soybean crop to a record of over 20 million tonnes, while its estimate for the winter corn crop (safrinha) fell on a lack of recent rainfall stressing plantations in some areas.
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.
Tuesday, March 31, 2020
Brazil plants 99% of second corn crop, drought a concern
Brazil had planted 99% of the second-corn crop area in the centre-south region through last Thursday, with low rainfall a concern in the states of Mato Grosso do Sul, São Paulo and Paraná, agribusiness consultancy AgRuraltold Reuters.
Tuesday, March 31, 2020
China Corn Weekly: Market stays firm on tight availability(week ended Mar 27, 2020)
Buyers were cautious with purchases in the north as corn quality was not up to expectations with moisture content high. However, with supply limited, particularly in the south, corn prices remained firm during the period in review.
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.
Monday, March 23, 2020
China Corn Weekly: Steady demand holds up prices (week ended Mar 20, 2020)
Supplies of corn tightened as most farmers have released inventories earlier. Meanwhile, demand stayed firm as large grain companies such as Sinograin continued to stock inventories.Hence, even as poultry feed producers limited buying prude ...
Monday, March 23, 2020
India's chicken, corn prices crash as COVID-19 takes a toll
Chicken prices in India have crashed from INR90 a kg last month to INR20 in Mumbai as people are staying away from consuming poultry in fear of COVID-19.
Saturday, March 21, 2020
Japan's January corn feed usage drops
The usage of corn in animal feed in Japan fell to 48.6% in January, compared with 48.8% a year earlier, preliminary data from the Ministry of Agriculture, Forestry and Fisheries showed on Thursday.
Tuesday, March 17, 2020
China Corn Weekly: Market stays firm(week ended Mar 13, 2020)
Prices of corn remained firm in most regions despite falling considerably in some provinces. Deep processors continued to expand corn inventories, hence lendingsupport to the market. Nonetheless, with livestock feed consumption staying slow ...
Friday, March 13, 2020
Corn, soybeans drop almost 2% as global markets recoil
As concerns over the economic fallout from the fast-spreading coronavirus dragged down equities and commodities, Chicago corn and soybean futures slid 2% on Monday, both extending losses into a third session.
Monday, March 9, 2020
Peru's corn imports hike
The growing poultry industry of Peru is raising the country's feed demand and pushing its corn imports, according to a recent Global Agricultural Information Network report from the US Department of Agriculture (USDA).
Wednesday, March 4, 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.
Tuesday, March 3, 2020
China Corn Weekly: Increased delivery, subdued demand soften prices(week ended Feb 28, 2020)
Demand for corn waned as deliveries improved, hence easing the supply crunch. Feed producers held back purchases in view of poor feed demand, particularly from the poultry sector due to the massive culling of birds and chicks between late J ...
Monday, February 17, 2020
1.32 million tonnes of corn sold by China to feed processing companies
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Wednesday, January 22, 2020
China moves closer to commercialisation of local GM corn, soybean
China's agriculture ministry issued biosafety certificates on Tuesday for domestically grown, genetically modified (GM) corn and soybean traits, paving the way to commercialisation of GM grain in the world's top market, Reuters reported.
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