Sowing rates for soybeans and corn in the USA are well ahead of last year, according to a report from the National Agricultural Statistics Service (NASS USDA). By May 14, […]
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Category: Grains
Grain Market News & Prices | Global Supply, Demand & Outlook
USDA Expects Global Corn Prodcution to Rise
Global corn production in the next season could rise from 1.150 billion tons to 1.219 billion tons, experts from the U.S. Department of Agriculture (USDA) predicted in its May report. […]
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India May Stand to Gain More Than $1 Billion Revenue From Rice Exports
Indian basmati rice exports may seek a new high up to 1.45 Million USD in the year 2022-23 from the previous fiscal year. This year, India took the opportunity to […]
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USDA Analysts Forecast an Increase in the Global Wheat Harvest
In the May report, USDA analysts announced the first forecasts of global wheat production in 2023/24 MY, expecting a harvest of 789.7 mln tonnes, slightly higher than in 2022/23 MY […]
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How Did the Grain Market Start the Week?
European Grain Markets Almost entirely due to an expected weak U.S. harvest, the USDA report provides visible support for wheat markets, which Matif futures on Friday also benefit from. With […]
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Conab Predicts Record Soybean and Corn Harvests in Brazil
Conab analysts in their May report raised their forecasts for soybean and corn production in Brazil in 2022/23 due to favorable weather conditions. In particular, experts forecast soybean harvest at […]
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No Agreement Yet on Grain Corridor
The representatives of Ukraine, Russia, Türkiye and the UN, following the negotiations held on May 10-11 in Istanbul, did not reach a final agreement on the extension of the Black […]
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Strategie Grains Raises EU Wheat Production Forecast
European Grain Markets Due to continued favorable weather across most of Europe, Strategie Grains raises its EU soft wheat production forecast for the new season by 1.1 to 130Mt. At […]
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Corn Market Perspectives – Futures, Stocks, Production
Chicago Board of Trade Market News Outlook: July corn futures are 14 ¼ cents lower (2.4 percent) this week as technical trade, good planting progress, and expectations for larger ending […]
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Australia Cut Feed Barley Exports and Increased Sorghum Shipments
According to the estimates of the Australian Bureau of Statistics, in March of this year 777.8 thousand tons of barley and 255.06 thousand tons of sorghum were exported from the […]
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