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corn production

Brazil to reap record corn harvest but second crop worries linger: Safras & Mercado
Markets

Brazil to reap record corn harvest but second crop worries linger: Safras & Mercado

  • Total corn production in the 2020/2021 cycle is estimated at 113.5 million tonnes, up 6% from the previous year, with second corn production to reach a projected 84 million tonnes, Safras data showed.
  • "If Brazil has a longer winter with lower temperatures, we'll only have large volumes of second corn in August and September," he said.
Published 11 Mar, 2021 06:48pm
Ukraine corn export prices hit seven-year high
Markets

Ukraine corn export prices hit seven-year high

  • Asking prices have risen by $23-$26 per tonne so far in January, reaching a record $256-$264 per tonne FOB Black Sea.
  • APK-Inform said earlier on Saturday that Ukrainian milling wheat export prices added $3 per tonne on Friday amid rising global prices after Russia said it would hike export taxes.
Updated 16 Jan, 2021 09:15pm
IGC cuts forecast for 2020/21 global corn production
Markets

IGC cuts forecast for 2020/21 global corn production

  • In its monthly update, the inter-governmental body cut its global corn crop forecast by 13 million tonnes to 1.133 billion tonnes.
  • The IGC raised its forecast for 2020/21 world wheat production by 3 million tonnes to 768 million tonnes.
Published 14 Jan, 2021 07:08pm