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Monday, September 11, 2023
Global prices of wheat, corn dropped in August
The FAO Cereal Price Index averaged 125.0 points in August, down 0.9 points (0.7%) from July and standing at 20.6 points (14.1%) below its value a year ago.
Wednesday, September 6, 2023
Brazil overtakes US as leading corn exporter, signalling long-term industry shift
For over 50 years, the US has held a dominant position as the world's foremost corn exporter, but in the agricultural year ending August 31, the US ceded its corn-exporting supremacy to Brazil, and the prospect of reclaiming this title seem ...
Thursday, August 24, 2023
South Korea's NOFI snaps up estimated 68,000 tonnes of corn for feed use
Leading South Korean animal feed producer Nonghyup Feed Inc. (NOFI) has bought an estimated 68,000 tonnes of animal feed corn in an international tender seeking up to 138,000 tonnes, European traders said.
Tuesday, August 22, 2023
China to subsidise fertilisers and pesticides used for corn and soybean productions in northern region
China's Ministry of Finance has arranged for a one-time subsidy fund of ¥2.4 billion (US$329.67 million) for fertilisers and pesticides for corn and soybeans grown in the north of the country, state media said on August 21.
Tuesday, August 22, 2023
Potential for 1kg of chicken sold at US$3.70 in Sri Lanka as government cuts corn import tax
The price of one kilogramme of chicken in Sri Lanka can be sold at Rs.1,200 (US$3.70) in the coming days as the Sri Lankan government has taken measures to slash the import tax on corn, the Association of Animal Production said.
Friday, August 18, 2023
US crop quality ratings show uplift in corn, soybean
In the latest crop progress report by the US Department of Agriculture (USDA), there is improvement in corn and soybean quality ratings across the country after another week of relatively mild and wet weather conditions, Farm Progress repor ...
Wednesday, August 16, 2023
Philippines Department of Agriculture sets up facility to support corn industry in Cagayan Valley
The Philippines' Department of Agriculture (DA), in partnership with the city government of Ilagan, established a processing facility for corn-based food products and livestock feed to boost the corn industry in Cagayan Valley.
Monday, August 7, 2023
Escalating attacks during Russo-Ukrainian war raise uncertainty for corn, wheat markets
Corn and wheat prices continue to be impacted by the increase in recent attacks between Russia and Ukraine.
Monday, July 31, 2023
Malaysia seeks to cut dependence on food imports by establishing corn cultivation industry
Malaysia's Ministry of Agriculture and Food Security (KPKM) is actively implementing various strategies to reduce the country's dependency on food imports.
Tuesday, July 25, 2023
Brazilian supplies and high prices cast doubt on US corn and soybean
As the new marketing year approaches on September 1, US corn and soybean export potential is facing doubt due to abundant Brazilian supplies, high prices, and uncertainties about US crops, Reuters' analyst Karen Braun reported.
Thursday, July 13, 2023
Brazil poised to surpass US as top corn exporter with new China deal
The global corn export landscape is undergoing a significant shift as Brazil, backed by a new supply agreement with China, is expected to surpass the US as the world's leading corn exporter, Malaysia Sun reported.
Monday, July 3, 2023
US soybean planting falls short of projections, corn acreage increases
According to reports issued by the US Department of Agriculture (USDA), American farmers are planting fewer acres of soybeans than previously anticipated, while increasing the acreage for corn, MarketScreener reported.
Tuesday, June 13, 2023
Canada joins US in trade dispute over Mexico's proposed limits on GM corn
Canada has announced its participation in a trade dispute panel initiated by the US regarding Mexico's proposed restrictions on imports of genetically modified (GM) corn, ABC News reported.
Monday, June 12, 2023
USDA raises corn and soybean supply outlook
The US Department of Agriculture (USDA) has revised its domestic supply projections for corn and soybeans, citing a decrease in export demand for both commodities, Yahoo! Finance reported.
Tuesday, June 6, 2023
US corn crop progress ahead of last season, soybean plantings well underway
According to the weekly crop progress report released by the US Department of Agriculture (USDA), 96% of the US corn crop has been completed with soybeans at 91% sowed, Independent Commodity Intelligence Services reported.
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