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Thursday, August 22, 2024
Vietnam's corn imports surge amid declining global prices
Vietnam imported corn from five key markets during the first seven months of this year, with Argentina leading as the largest supplier, accounting for 55.5% of the country's total corn imports, Vietnam News reported.
Wednesday, July 24, 2024
IGC set latest forecast for global corn output in 2024/25 at 1.225 billion tonnes
The International Grains Council (IGC) has raised its forecast for 2024/25 global corn production by two million metric tons to 1.225 billion tonnes.
Monday, July 1, 2024
IGC increases global corn production forecast, adjusts wheat outlook
The International Grains Council (IGC) has revised its forecast for global corn production in the 2024/25 season, raising the estimate by 3 million metric tonnes to a total of 1.223 billion tonnes, Reuters reported.
Monday, May 6, 2024
Global wheat and corn prices hit three-year lows, World Bank reports
A new report released by the World Bank revealed that global wheat and corn prices have reached their lowest levels in three years during the first quarter of 2024, Ukraine Business News reported.
Thursday, March 7, 2024
Global corn stockpiles set to reach five-year highs this year
The world's corn stockpiles could hit five-year highs later in 2024, as they experienced their biggest annual expansion in seven years, said Reuters analyst Karen Braun.
Wednesday, February 7, 2024
US wheat, corn, soybeans fall amid dollar strength and weak global demand
Chicago Board of Trade wheat, corn, and soybeans experienced declines, with soybeans reaching 24-month lows, influenced by a strong dollar and sluggish global import demand, dampening market sentiment, Nasdaq reported.
Monday, January 15, 2024
International Grains Council forecasts 1.2 billion tonnes for global corn production in 2023/24
The International Grains Council (IGC) on January 11 raised its forecast for 2023/24 global corn production, mainly driven by an upward revision for China.
Monday, October 23, 2023
Global corn production to rise 5.1% in 2023/24 season, soybean by 7.9%
Global corn production for the new 2023/24 season is expected to reach 1214.5 million tonnes, an increase of 5.1% compared to the 2022/23 season (1155.0 million tonnes), according to the latest grain and oilseed estimates reports released b ...
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, March 1, 2023
Brazil may surpass the US in global corn exports
Brazil and the US compete for soybean and corn international markets, but the USDA said Brazil may surpass the US as the leader in global corn exports, Victoria Advocate reported.
Wednesday, April 27, 2022
USDA expects higher corn output in 2021/22 even as global trade dips
The United States Department of Agriculture (USDA) released its new monthly supply and demand reports for grains and oilseeds this month, in which significant cuts were again made for soybean crops in South America, while for corn the figur ...
Tuesday, April 26, 2022
International Grains Council projects lower global corn production in 2022/23
The International Grains Council (IGC) projected global corn production in the 2022/23 season to decline by 13 million tonnes to 1.197 billion tonnes, due to reduced plantings in Ukraine and the US, Reuters reported.
Tuesday, October 27, 2020
China to boost its corn imports, becoming global top buyer
Industry sources said China's government is looking to issue permits for the import of millions of additional corn through 2021, as livestock feed demand increases, Reuters reported.
Saturday, June 27, 2020
Global grains council increases 2020/21 global wheat, corn output estimate
On Thursday, the International Grains Council (IGC) announced a higher estimate for global wheat output in the 2020/21 season, with improved outlooks for Australia and China more than offsetting a downward revision for the EU, Reuters repor ...
Friday, March 13, 2020
Corn, soybeans drop almost 2% as global markets recoil
As concerns over the economic fallout from the fast-spreading coronavirus dragged down equities and commodities, Chicago corn and soybean futures slid 2% on Monday, both extending losses into a third session.
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