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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.
Wednesday, August 12, 2020
China Corn Weekly: Faster price hikes amid shortages (week ended Aug 7, 2020)
Prices of corn surged at a faster pace as buyers were more wary of the shortages of grains in China. In Zhengzhou, Henan, corn prices jumped by as much as 12% amid tight availability.
Tuesday, July 28, 2020
China seeks to sell wheat, rice to tame soaring corn prices
China plans to sell rice and wheat from state reserves to animal feed producers who are struggling with high corn prices, sources familiar with the matter said, Reuters reported.
Monday, July 27, 2020
China Corn Weekly: Hampered deliveries, firm demand strengthen prices (week ended Jul 24, 2020)
Deliveries of corn were hampered in several regions of China, particularly in the south where floods were serious. With supplies inconsistent and buyers keen to stock inventories amid concerns of scarcity, corn prices surged further.
Tuesday, July 21, 2020
China Corn Weekly: Slow, steady price hike (week ended Jul 17 2020)
Tight availability of quality corn continued to push price higher even though overall market supply increased due to the sales of state reserves stocks. As several parts of China experienced severe floods that raised water levels to record ...
Tuesday, July 14, 2020
China Corn Weekly: Prices stay at five-year highs (week ended Jul 10, 2020)
More corn supplies from the state reserves auctions were available in the market, hence fulfilling and demand from deep processing industry to a certain extent. However, supplies remained tight, prompting several deep processors to halt ope ...
Tuesday, June 30, 2020
China Corn Weekly: High reserves corn prices strengthen spot market (ended Jun 26, 2020)
While the auction prices of state reserves corn were high, the spot corn market strengthened in view of tight availability and firm demand. Corn prices increased at a faster pace as traders who had limited stocks withheld releases.
Tuesday, June 23, 2020
China Corn Weekly: Prices stay firm (ended Jun 19, 2020)
As the take up rates and prices of state corn reserves auction remained high, traders held up spot corn prices in anticipation of tight availability.
Tuesday, June 9, 2020
China Corn Weekly: Tight availability holds up prices (ended Jun 5, 2020)
Spot supplies of corn remained tight as the state reserves corn would enter the market only towards middle of the month. Consequently, corn prices remained firm over the week despite limited demand.
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