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Wednesday, August 14, 2019
Official statistics vs reality: The USDA devastates corn prices amid enduring tight fundamentals, supply uncertainty
Strangely high yield and acreage estimates, dwindling liquidity, political crisis and trade wars exaggerate the deflationary impact of illusory corn abundance. Random weather changes can eaily slash harvest estimates back to previous levels ...
Monday, July 1, 2019
Skeptical incredulity, high price volatility in wake of a bizarre USDA corn planting estimate
Can a stunningly large miscalculation = a good buying opportunity? Expect nervous investors, skittish price movements until market confidence in its "official" information is restored.
Monday, June 3, 2019
China Lysine Weekly: High corn costs underpin prices (week ended May 27, 2019)
Producers were keen to lift prices while the costs of production increased with rising corn prices. Nonetheless, with hog feed demand sluggish and the capacity of the industry in excess, lysine prices remained flat over the week.
Monday, April 8, 2019
China Corn Weekly: Tight availability limits price falls (week ended Apr 5, 2019)
Corn market stayed weak with feed demand sluggish. Moreover, buyers in the south withheld buying as 700,000 tonnes of imported corn are expected to arrive during late April.
Tuesday, March 26, 2019
China Corn Weekly: Market stays soft with slower price falls (week ended Mar 22, 2019)
Prices of corn stabilised in more regions, hence helping to limit the overall drop to 0.25%. Although feed producers continued to withhold buying, the availability of corn decreased after the recent round of release surge.
Monday, March 18, 2019
China Corn Weekly: State buying news underpins prices(week ended Mar 15, 2019)
Corn prices dropped at a slower pace of 0.26% on average. Demand remained sluggish as feed producers limited purchases despite prominently stronger broiler price. Nonetheless, the news that state reserves purchase would total 3.04 million t ...
Monday, March 11, 2019
China Corn Weekly: Excess availability drives down prices (week ended Mar 8, 2019)
Corn farmers continued to release stocks eagerly amid concerns that grains would to run mouldy rapidly with the climate warming up.This, in conjunction with persistently slack demand, drove prices down at a faster pace of 1.2% over the week ...
Wednesday, February 20, 2019
China Corn Weekly: Prices stable amid light trade(week ended Feb 15, 2019)
Trade was limited as most feed producers have stocked sufficientinventories during January. Moreover, weak feed demand dampened the confidence of buyers, who held back corn purchases to be on the safe side.
Monday, January 28, 2019
China Corn Weekly: Prices slide as supply exceeds demand (week ended Jan 25, 2019)
Poorer-than-expected livestock feed demand curtailed the sales of corn. Meanwhile, farmers eagerly released corn inventories amid concerns that prices would drop further as livestock feed consumption is traditionally slow after the Chinese ...
Tuesday, January 8, 2019
China Corn Weekly: Improved demand stabilises prices (week ended Jan 4, 2019)
Feed producers increased buying at a prudent pace in preparation for early February's long Chinese New Year holidays. However, as most farmers who were tight on cash were eager to close deal, prices of corn remained soft in several regions.
Wednesday, January 2, 2019
China Corn Weekly: Substantial price fall amid poor demand(week ended Dec 28, 2018)
As the sales of poultry feed were sluggish, feed millers were reluctant to increase corn stockpiles. With availability of corn ample, prices slid significantly over the week by 1.4%.
Tuesday, November 20, 2018
China Corn Weekly: Delivery delays lift prices (week ended Nov 16, 2018)
Prices were higher. Sales of newly harvested crops were hampered by the snowy and rainy climates in some regions of northern China. As supplies of corn tightened while deep processors continued to stock inventories, prices increased 0.66% o ...
Wednesday, November 14, 2018
China Corn Weekly: Imminent supply rise holds down prices(week ended Nov 9, 2018)
Deep processors increased purchasing prices in the production regions, lifting corn prices amid limited availability. In the consumption regions, slack feed demand decimated the sales of corn, resulting in flat prices.
Monday, November 5, 2018
China Corn Weekly: Prices firm up n tight availability (week ended Nov 2, 2018)
The quantity of newly harvested corn was ready for sale at a pace slower than anticipated. In some parts of the production regions, harvesting was delayed considerably.
Wednesday, September 26, 2018
China Corn Weekly: Pre-holiday buying underpins prices (week ended Sep 21, 2018)
Buyers who were concerned about the fall in the state corn reserves increased purchases to secure supplies during the long October holidays. As a result prices of corn moved higher in regions where stockpiling activities were buoyant. Howev ...
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