Grain Highlights

Grain Highlights 13.01.2021

Yesterday, commodity funds in Chicago were net buyers of all grain contracts, including corn (+58,000), soybeans (+33,000) and wheat (+25,000).

The USDA lowered its expectations of world corn exports in 2020/21

In the most recent report, USDA analysts lowered their forecast for world corn exports in 2020/21 to 181.36 million tons from 184.66 million tons in the previous estimate, mainly due to a decrease in corn exports for the US (-2) and Argentina (-1.5).
USDA

Grain Highlights 12.01.2021

The Ministry of Agriculture of China has increased its forecast for the import of corn in the country in 2020/21 to 10 million tons, which is 42.86% more than the estimate from the previous month and 31.5% more than 2019/20.

Grain Highlights 06.01.2021

As of January 11, 2021, Argentine farmers have gone on a 72-hour strike against the government's decision to suspend corn exports. Farmers have called on President Alberto Fernandez to reconsider the decision.

Grain Highlights 05.01.2020

Malaysian palm oil futures rose sharply on 04.01.2020. The growth is related to preliminary estimates for the palm oil stocks in the country to the lowest level for the last 13 years - 1.22 million tons.

Grain Highlights 04.01.2021

According to government data from China, under the program to ensure the food security of the country, the total area planted with corn will be increased in 2021.