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Wednesday, February 10, 2021
China discovers illegally produced genetically modified corn seeds
China's Ministry of Agriculture and Rural Affairs said it has discovered illegally produced or prohibited research conducted on genetically modified (GM) corn and cotton seeds by eight companies and research institutes, Reuters reported.
Monday, February 8, 2021
China Corn: Prices climb to new highs despite slow sales (week ended Feb 5, 2021)
Supplies of corn remained limited although farmers released stocks amid fears that grains would decay easily due to the humid climates in the north. Hence, even as sales dwindled while buyers gradually operation in preparation for the upcom ...
Friday, February 5, 2021
China's feed producers and grain users keep record corn stockpiles
Corn stockpiles held by China's feed producers and commercial grain users have reached multi-year highs over concerns of crop shortages even after a recent corn harvest, Reuters reported.
Monday, February 1, 2021
USDA: China's latest US corn purchase the biggest ever
The United States Department of Agriculture (USDA) said China has booked its biggest purchase of US corn, the second biggest purchase at once from any country since the Soviet Union in January 1991, Reuters reported.
Monday, February 1, 2021
China Corn: Prices surge 60% on-year (week ended Jan 29, 2021)
Corn supply remained tight, hence supporting prices to move higher. However, as smaller traders in need of cash before the Chinese New year released stocks, price hikes slowed amid increased availability. Climbing for five consecutive weeks ...
Tuesday, January 26, 2021
Drop in soybean, corn futures attributed to South American weather, ASF in China
Soybean and corn futures have fell due to favorable South American weather and the resurgence of African swine fever in China, market sources told S&P Global Platts on January 25.
Monday, January 25, 2021
China Corn: No signs of rally cooling (week ended Jan 22, 2021)
Tight availability of corn in China continued to push up prices while buyers continued to lift prices to secure supplies. Adding to the fears of a supply crunch, worsening disease situation, which hampered deliveries, prompted buyers to ac ...
Thursday, January 21, 2021
China VC: Prices surge as corn breaks new highs (week ended Jan 18, 2021)
Vitamin C producers continued to lift the prices of vitamin C as corn costs surged tremendously to all time high. Feed manufacturers, who were placing orders in preparation for the upcoming Chinese New Year holidays, increased purchases ami ...
Wednesday, January 20, 2021
China corn imports in 2020 hit new record
China's General Administration of Customs data showed the country's corn imports reached 11.3 million tonnes last year, a record high following tight domestic corn supplies resulting in surging prices and increased demand for cheaper import ...
Monday, January 18, 2021
China Corn: Strong rally amid fears of shortages (week ended Jan 15, 2021)
Corn prices rallied ferociously as sales boomed amid fears of a severe supply crunch with China's production sharply below expectations, import costs surging due to soaring freight charges and the coronavirus pandemic worsening in the count ...
Tuesday, January 12, 2021
China plans to approve more domestic varieties of GMO corn and soy crops
China plans to approve the safety of Beijing Dabeinong Technology Group Co Ltd's genetically modified (GMO) corn variety and GMO soybean, Reuters reported.
Monday, January 11, 2021
China Corn: Market starts 2021 with new high record (week ended Jan 8, 2021)
As the availability of corn dwindled in China, deep processors eagerly stocked inventories amid concerns of supply shortages after the Chinese New Year holidays. Corn prices started 2021 with a new high record as demand exceeded supply.
Tuesday, January 5, 2021
China to expand area sown with corn this year
China's Minister of Agriculture and Rural Affairs said the country will boost its corn acreage this year, after years of decreasing acreage and in response to a shortfall in the commodity, Reuters reported.
Monday, January 4, 2021
China Corn: Prices break records as auctions fail to meet demand (week ended Dec 30, 2020)
Shortages of corn in China worsened as the state reserves auctions were insufficient to meet demands. Deep processors were compelled to increase buying prices while the availability of corn in the production region dwindled. Prices rose sha ...
Tuesday, December 29, 2020
China Corn: Corn auctions hold down prices (week ended Dec 25, 2020)
As supplies increased due to the state reserves auction, prices of corn stayed soft. Several farmers were reluctant to release newly harvested corn while prices fell below expectations.
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