USDA’s Acreage Forecast Indicates Decrease in Corn and Wheat Plantings The U.S. Department of Agriculture (USDA) has unveiled its initial acreage forecast for 2024, revealing anticipated reductions in corn and […]
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Tag: corn
Weather Dynamics in US and South America Influence Crop Prices
As the agricultural landscape navigates through a mix of heavy rains and drought conditions, traders keep a watchful eye on South America, where weather patterns are shaping the fate of […]
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Ukrainian Farmers Postpone Corn Sales Amidst Low Prices – Experts
Currently, Ukrainian corn on the world markets is sold cheaper than American and Argentinian corn by about 20 USD/t. Such a price distortion is abnormal, and Ukrainian farmers in these […]
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Chicago Soybeans and Corn Futures Plummet to 3-Year Lows Amid Fund Sell-off
Soybean and corn futures witnessed a sharp decline on the Chicago Stock Exchange, hitting 3-year lows as funds engaged in significant sell-offs. The strengthening dollar, reaching a 3-month high, is […]
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Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Egypt’s Gasc Bought 120,000 Tonnes of Ukrainian Corn at a High Price of €171 per Tonne Fob.
Egypt’s GASC made a rare international tender yesterday for the purchase of corn, during which two shipments of Ukrainian corn were bought at a relatively high price of €171 per […]
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Wheat and Grain Markets Showing Signs of Wanting to Move Higher
On February 13, the wheat market started with a decline due to the weight of Russian wheat. The upcoming Russian harvest appears promising, but uncertainties loom regarding the price at […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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Anticipated Decline in Corn Prices in March-April
Corn prices are expected to undergo a gradual decline in the coming months, with demand prices potentially dropping to $135-140/t or €125-130. Market dynamics indicate a downward trend across the […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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