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Tuesday, September 16, 2014
Corn, soy prices drop to near lowest in global trade
Corn and soy prices fell in global trading yesterday over anticipated record-high outputs in the US and the cold weather's failure over the weekend to cause significant damage to crops. Corn for December delivery slid 0.7% to $3.3625 a bush ...
Monday, September 15, 2014
Cargill sues Syngenta over bungled GMO corn export to China
Cargill today said it has filed a damage suit against Syngenta Seeds, Inc. in the Louisiana state court in the US for shippingits AgrisureViptera® (MIR 162) corn seed before the product got import approval from China.
Monday, September 15, 2014
China Corn Weekly: Prices soften for the first time since April (week ended Sep 14, 2014)
The early harvest of corn in Liaoning helped to ease the persistent supply crunch, softening the prices in Shandong prominently although the quality of the crops was sub-standard due to the dry climates. This, in conjunction with the govern ...
Friday, September 12, 2014
Waiting for China to call the corn market bottom
When is it most advantageous for Beijing to narrow the gap between Chinese and international corn prices? It is mid 2010. Corn is below US$3.50/bushel and appears to be headed lower. Analysts and large banks are forecasting years of corn be ...
Friday, September 12, 2014
Drought cuts China's corn output by 2.2%
China's corn production this year could drop 2.2% to 213.8 million tonnes, according to the China National Grain and Oils Information Center (CNGOIC), an official think tank. The think tank attributes the production shortfall to a long drou ...
Friday, September 12, 2014
USDA forecasts record high corn output in US but big drop in China
The US Department of Agriculture predicts a record high US corn production but significant shortfalls in other major corn-producing countries like China, Argentina, Ukraine and Russiafor 2014/15. US Agriculture Secretary Joseph W. Glauber a ...
Wednesday, September 10, 2014
China's soybean crop to shrink as farmers switch to corn
No Abstract
Monday, September 8, 2014
China Corn Weekly: Increased supply stabilises prices (week ended Sep 5, 2014)
Corn prices stabilised as newly harvested crops from Henan, Hebei and Shandong were ready for sale. Although the total corn production from these provinces was limited, it helped to ease the supply crunch together with the government's corn ...
Friday, September 5, 2014
New harvests pull Thailand's corn prices down (week ended September 1, 2014)
It bought paddy rice at prices way above those set by the market. And because of higher acquisition cost, it set export prices for its rice much above those in Vietnam, India and other rice-exporting countries. The scheme fell flat on the g ...
Friday, September 5, 2014
Zambia to buy more corn in 2014
Zambia will acquire more corn from local farmers this year, at a higher record than the 500,000 tonnes it usually keeps for strategic reserves, according to Wylbur Simuusa, the country's minister of agriculture. Simuusa added that the state ...
Friday, September 5, 2014
US corn and soy trade at lowest in four years
No Abstract
Wednesday, September 3, 2014
World corn stocks up 17 million tonnes on-year
No Abstract
Monday, September 1, 2014
China Corn Weekly: Price hikes slow (week ended Aug 31, 2014)
Corn market remained upbeat on the back of tight supply and steady feed demand. Nonetheless, price hike showed signs of slowing in several regions as users limited the usages of corn, replacing it with wheat or other substitutes.
Thursday, August 28, 2014
South Africa raises forecast for corn output in 2014
No Abstract
Tuesday, August 26, 2014
China Corn Weekly: Prices show no signs of softening (week ended Aug 24, 2014)
Even though users attempted to reduce the usages of corn, and substituted it with other ingredients wherever possible, prices showed no signs of softening due to the supply crunch. Chinese government released more state reserve corn for auc ...
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