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Tuesday, November 3, 2020
ADM CEO: COVID-19 outbreaks push demand for US corn and soybeans
Juan Luciano, Archer Daniels Midland (ADM) chief executive officer, said the COVID-19 pandemic is pushing government's food security worries, as importers need US corn and soybeans to meet increased demand, Reuters reported.
Friday, October 30, 2020
USDA: Mexico booked record US corn imports
The United States Department of Agriculture (USDA) said Mexico grains purchasers have booked their largest corn import volume from the United States since December 2019, Reuters reported.
Thursday, October 29, 2020
USDA defends its monthly forecast of US corn imports by China
The United States Department of Agriculture (USDA) defended its monthly forecast of US corn exports to China, which analysts said has already surpassed USDA's estimate, Reuters reported.
Monday, October 19, 2020
Brazil corn and soy tariffs suspended until early-2021
Brazil's Economy Ministry said it will suspend corn and soy import tariffs from countries outside the Mercosur trade bloc until early-2021 to lower food prices that are increasing inflation, Reuters reported.
Monday, October 12, 2020
US corn and soybean supplies less than previously projected
The United States Department of Agriculture (USDA) said domestic corn and soybean supplies will be smaller than estimated due to adverse weather reducing the farmers' harvest acreage, Reuters reported.
Friday, October 2, 2020
China Corn: Robust demand lift prices (week ended Sep 25, 2020)
In view of soaring corn prices amid tight availability, deep processors eagerly stocked inventories. Hence, even as farmers were keen to release newly harvested corn, which were difficult to preserve due to the high moisture content, prices ...
Thursday, October 1, 2020
US stockpiles for soybean and corn fall as exports increase
The United States Department of Agriculture (USDA) said soybean and corn stockpiles were smaller than estimated as the US increased its exports of the commodities to China in the summer, Reuters reported.
Monday, September 14, 2020
USDA: China's demand for corn and soybeans remains strong
United States Agriculture Department (USDA) data showed China has maintained is strong demand for US corn and soybeans, with traders projecting the US government to increase its export forecast for corn and soybeans soon, Reuters reported.
Thursday, August 20, 2020
US crop tour projects higher Ohio corn output
On Monday, Pro Farmer Midwest Crop Tour estimated corn harvest in Ohio, US to be sharply higher than the previous year at 167.69 bushels per acre (bpa), Reuters reported.
Wednesday, August 19, 2020
China purchases 195,000 tonnes of US corn as domestic prices surge
The United States Department of Agriculture (USDA) said purchasers from China bought 195,000 tonnes of US corn, as corn prices in China continue to rise, Reuters reported.
Tuesday, August 18, 2020
USDA raises US corn, soybean output forecast
The US Department of Agriculture increased its estimates of US 2020/21 corn and soybean production more than what most analysts expected, Reuters reported.
Tuesday, August 11, 2020
US Department of Energy clarifies corn use for feedstock
In the most recent Funding Opportunity Announcement (FOA), the US' Department of Energy's (DOE) Bioenergy Technologies Office (BETO) clarified that corn grain is an acceptable feedstock, Ohio's Country Journal reported.
Tuesday, August 4, 2020
Chinese buyers buy record value US corn as tensions rise
According to the USDA, private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year, Reuters reported.
Tuesday, July 28, 2020
Nigeria bank's corn import ban may hurt poultry industry
The Central Bank of Nigeria's (CBN) recent directive on corn import ban has been described as ill-timed, with potentially negative consequences for Nigeria's poultry sector, Premium Times reported.
Monday, July 13, 2020
US drops wheat, corn crop forecasts as farmers cut acreage
The US dropped its domestic corn and wheat harvest estimates on Thursday due to a cut in landforecasts, Reuters reported.
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