Reading Time: < 1 minute As wheat production in Argentina is projected to increase in 2024/25, according to the United States Department of Agriculture attaché in Buenos Aires, the country’s corn output is to be smaller than in the previous year.
More wheat, less corn in Argentina for 2024/25 says United States Department of Agriculture attaché
CBOT Weekly: Corn, soybeans rising, wheat slipping
Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
CBOT Weekly: Trade too low on U.S. corn, soybeans ahead of S/D report
Reading Time: < 1 minute Estimates for U.S. corn and soybeans are perhaps too low and wheat prices are set to increase due to smaller global supplies.
China to grow more corn in 2024/25
Reading Time: < 1 minute Corn production in China is expected to increase to 293 million tonnes in 2024/25, said a report from the United States Department of Agriculture attache in Beijing, with improved yields overriding a slight reduction in harvested area.
CBOT Weekly: USDA report, short-covering raising prices
Reading Time: 2 minutes The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.
Canadian purchases of U.S. corn off to slow start
Reading Time: < 1 minute Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.
USDA forecasts record soy, bumper corn crops
Reading Time: < 1 minute Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected by analysts. USDA forecast a […] Read more
Feed weekly: Prairie barley market steady with good new crop projections
Reading Time: < 1 minute Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought fears had encouraged some demand earlier in the year, but “now that those fears have been alleviated, (buyers) are starting to dig in,” according to […] Read more
Ukraine corn production seen falling this year
Reading Time: < 1 minute London | Reuters – Ukraine’s corn production and exports are expected to fall this year with yields set to fall after extreme heat while crops were sown in April, Mykola Gorbachov, president of the Ukrainian Grain Association (UGA) said on Wednesday. “During the planting time in April we had really hot weather,” he told the […] Read more
Feed weekly outlook: Corn imports, larger crop prospects pressure barley
StatCan expected to raise barley crop estimate
Reading Time: 2 minutes MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more