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Sunday, July 12, 2020
China makes second-biggest US corn purchase
As China works to fulfil its Phase 1 trade deal obligation to significantly boost US farm product imports, the country booked its second-largest single-day US corn purchase on record, USDA data showed on Friday, Reuters reported.
Wednesday, July 8, 2020
China Corn Weekly: Market stays firm (week ended Jul 3, 2020)
Corn prices remained strong despite the government's auctioning of reserves corn, as buyers were keen to stock inventories in view of tight availability. However, prices hikes were limited while the usages of corn were limited by slow feed ...
Monday, July 6, 2020
China purchased more US corn and soybean in May
The United States exported large orders of corn, soybean and other agriculture goods to China in May, but China is still far from meeting its Phase 1 US-China trade deal pledge, Bloomberg reported.
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 16, 2020
China launches high-protein corn breeding for animal feed
The Chinese Academy of Agricultural Sciences has introduced a scheme to facilitate the breeding of high-protein corn varieties and encourage a positive development of animal husbandry, Xinhua reported.
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.
Tuesday, June 2, 2020
China Corn Weekly: High reserves sales weigh on prices (ended May 29, 2020)
As the government released 4 million tonnes of reserves corn for sale, which was high than market expectations, abundant availability exerted pressure on the market. Traders who held back releases recently were eager to clear inventories in ...
Tuesday, May 26, 2020
China Corn Weekly: Prices soften as traders clear stocks (ended May 22, 2020)
Corn availability remained limited although traders attempted to clear stocks as the government is expected to release state reserves for auction soon. Demand wise, feed millers were less keen to stock inventories with transportation costs ...
Tuesday, May 19, 2020
China Corn Weekly: Tight availability strengthens prices (ended May 15, 2020)
With supplies in the market tightening and the state corn reserves auction delayed, prices of corn continued to move higher. IN the central regions on China, price hikes were more prominent as the costs of transportation increased.
Tuesday, May 12, 2020
China buys 686,000 tonnes US corn
According to the USDA, Chinese buyers bought 686,000 tonnes of US corn last week, reported Hoosier Ag Today.
Wednesday, May 6, 2020
China Corn Weekly: Tightening supply, growing demand perk up prices (ended Apr 30, 2020)
Sales of corn was firm with the demand for animal feeds growing amid rising inventories of hogs and broilers Tightening availability of corn lifted prices substantially.
Wednesday, May 6, 2020
Soybeans, corn futures fell as US-China tensions rise
CBOT soybean and corn futures slid on Monday as growing tensions between US and China raised further demand worries, adding to COVID-19 disruptions on biofuel and livestock feed markets, reported Reuters.
Tuesday, May 5, 2020
China Corn Weekly: Tightening supply, growing demand perk up prices (ended Apr 30, 2020)
Sales of corn was firm with the demand for animal feeds growing amid rising inventories of hogs and broilers Tightening availability of corn lifted prices substantially.
Tuesday, April 28, 2020
China Corn Weekly: Market strengthens amid dwindling availability (ended Apr 24, 2020)
Corn prices showed no signs of stabilising in China as supplies continued to tighten. Nonetheless, prices hikes were gradual as weak poultry feed demand dampened the confidence of feed producers.
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