GASC Purchase Boosts Market Confidence The wheat futures market continues to rally as traders react positively to the latest purchase by the Egyptian Grain Procurement Authority (GASC) last Wednesday.A total […]
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Tag: corn
Ukrainian Corn and Feed Wheat Are Traded at the Same Level
Corn prices tend to strengthening The restoration of demand in corn markets and the decrease in sea freight prices caused strengthening of prices in Ukrainian ports. As a result, traders […]
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China Poised to Set Import Record for Grain and Oil Crops in 2024
Amidst low global prices and a shortfall in domestic production, China is anticipated to set a record for grain and oil crop imports in 2024. Despite recent cancellations of previously […]
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Chicago Board of Trade Market News Outlook
CBOT Futures Update: Bottoming Action Continues Bottoming action persists in CBOT futures this week as prices oscillate sideways to higher. The downtrend observed since October 2023 remains a significant resistance […]
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Corn Prices Begin at €198/ton at Leon Market in Spain
Positive Start for Corn During yesterday’s market meeting in Leon, it was decided to start pricing corn at €198/ton. The decision reflects optimism surrounding the recent good performance of international […]
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Canadian Grain Harvest Forecasts See Growth for 2024/25 Season
Increase in Wheat and Barley Production In its latest report released in March, the Ministry of Agriculture of Canada has raised its forecasts for the grain harvest for the 2024/25 […]
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USDA Expected to Adjust US Corn Acreage Estimates
Market Anticipates Revision Amidst Favorable Weather Conditions Analysts are forecasting that the United States Department of Agriculture (USDA) will revise its projections for planted acreage, particularly concerning corn, due to […]
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Harvest in Argentina and Completion of Planting in Brazil: Crop Update
As of March 13, Argentina has begun harvesting its corn crop, with approximately 1.99 million tons already threshed, according to the Buenos Aires Grain Exchange. This represents 3% of the […]
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IGC Forecasts Record Global Grain Production for 2024/25 Marketing Year
The International Grains Council (IGC) has revised its global grain production forecasts for both the current and upcoming marketing years (MY). Here are the highlights from their latest report: Global […]
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EU Wheat Production Forecast Adjusted Downwards by Stratégie Grains Analysts
March Report Highlights In the latest report from Stratégie Grains, analysts have revised downwards their forecast for total wheat production in the European Union for the 2024/25 fiscal year. The […]
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