Corn / Maize Latest News
Wednesday, February 22, 2012
US Corn Exports up on Reduced Competition and Increased Trade GLOBAL - World corn trade in 2011/12 (October-September) is projected to reach 95.6 million tons, up 1.0 million this month.
Global Coarse Grain Use Prospects Little Changed, Ending Stocks Lower GLOBAL - World coarse grain use in 2011/12 is projected to reach 1,149.9 million tons, up 0.3 million this month. Global corn use is forecast down 0.4 million tons to 867.6 million, but barley...
Argentina May Export Corn to China ARGENTINA - Argentina may export around three million tons of corn to China this year, as a result of an agreement last week in Buenos Aires at the ministry of Agriculture.
Cargill to Close Manitoba Grain Elevator and Crop Facility CANADA - Cargill Limited yesterday announced that it is ceasing production at its Winnipeg East facility effective March 1, 2012.
Maize Hybrid Looks Promising for Biofuel US - Scientists at the University of Illinois at Urbana-Champaign have identified a new contender in the bioenergy race: a temperate and tropical maize hybrid.
CME: Corn Futures Closed Lower Tuesday US - May Corn finished down 11 3/4 at 633 1/2, 14 1/2 off the high and 4 3/4 up from the low. July Corn closed down 10 3/4 at 637 1/2. This was 4 3/4 up from the low and 13 1/2 off the high....
South Korea, US FTA Implemented in March US & SOUTH KOREA - United States Trade Representative Ron Kirk announced earlier this week, that the free trade agreement between the United States and South Korea (KORUS FTA) will be implemented...
Tuesday, February 21, 2012
CME: Corn Futures Closed Higher Monday US - March Corn finished up 5 1/2 at 641 3/4, 5 off the high and 6 1/2 up from the low. May Corn closed up 5 1/2 at 645 1/4. This was 6 1/2 up from the low and 4 3/4 off the high.
Minor Changes Made to Feed Grain Price Projections US - The midpoint of the projected range for the 2011/12 US corn price received by farmers remains at $6.20 per bushel this month, but the range is narrowed by 10 cents at each end, to $5.80-$6.60...
Philippines Third Largest Market for US Soybean Meal PHILIPPINES - The Philippines was the 3rd largest market for US soybean meal (SBM) and the world's largest coconut oil (CNO) exporter in both 2010 and 2011.
Russian Agricultural Development: February 2012 RUSSIAN FEDERATION - On February 8, 2012, Yelena Skrynnik, the Ministry of Agriculture of the Russian Federation reported to the State Duma on the results of development of agriculture and related...
Corn and Soybean Export Progress US - In December 2011, the USDA judged total corn production prospects in Argentina and Brazil at 3.54 billion bushels, writes Darrel Good.
Monday, February 20, 2012
CME: Corn Futures Closed Higher Friday US - March Corn finished up 5 1/2 at 641 3/4, 5 off the high and 6 1/2 up from the low. May Corn closed up 5 1/2 at 645 1/4. This was 6 1/2 up from the low and 4 3/4 off the high.
US Land-Use Change Could Cut Food Yields US - Land-use change such as deforestation could cut crop yields by up to 17 per cent by affecting the amount of moisture reaching key agricultural areas, according to scientists from the US....
Forecast Corn Exports Raised, Stocks/Use Lowest Since 1995/1996 US - US corn exports were increased 50 million bushels this month due to adverse weather conditions in Argentina, boosting prospects for higher demand.
China's Growing Meat Consumption Driving Corn Imports CHINA - According to the USDA, China will likely import 3.0 million tonnes of corn in the 2011/12 market year, more than triple the amount it took in 2010/11.
EU Missing Out on GM Feed Opportunity ANALYSIS - Is Europe's headstrong views on GM crops putting EU farmers at a competitive disadvantage, writes TheCropSite editor Charlotte Johnston
Saturday, February 18, 2012
USDA: Weekly National Grain Market Review US - Compared to last week, grain bids were mostly lower with soybeans trading moderately higher.
Grain Hedge: Macros Positive, Grain Mixed US - The equity markets have taken center stage this week as several key indexes have reached multiyear highs.
GeoGrain: Spot Soybean Basis On Par with Maximum Basis Levels US - Spot soybean basis since the beginning of January has stayed on par with the maximum basis levels seen in the last five years.
MANA's New Vulcan Insecticide Granted EPA Approval US - Vulcan™ insecticide, developed and manufactured by MANA Crop Protection, has received approval by the US Environmental Protection Agency (EPA) for its new state of the art chlorpyrifos...
Friday, February 17, 2012
CME: Corn Futures Closed Lower Thursday US - March Corn finished down 6 1/2 at 627, 11 1/2 off the high and 1 3/4 up from the low. May Corn closed down 7 at 631. This was 2 up from the low and 11 off the high.
ABARES Forecasts Large Summer Crop AUSTRALIA - Generally favourable growing conditions for summer crops are forecast to drive higher yields and production for Australian summer crops in 2011-12.
Global Coarse Grain Production Prospects Reduced GLOBAL - World coarse grain production in 2011/12 is projected at 1,142.2 million tons, down 3.4 million this month mostly due to reduced prospects in Argentina.
Walmart Unveils "Great For You" Icon US – Walmart, the United States’ largest food retailer, has unveiled the “Great For You” icon, giving its customers an easier way to identify healthier food.
Wood Chips Help Curb Nitrate Leaching US - Wood chips can significantly stem nitrate flow from crop fields into the surrounding watershed, according to a US Department of Agriculture (USDA) study.
Thursday, February 16, 2012
CME: Corn Futures Closed Lower Wednesday US - March Corn finished down 6 1/2 at 627, 11 1/2 off the high and 1 3/4 up from the low.
Australian Grain Farmers Encouraged to Consider Fumigation AUSTRALIA - With the winter harvest mostly put away, the Grains Research and Development Corporation (GRDC) is encouraging farmers considering fumigating grain stored on farm to do it wisely...
ENERGY NOW - Help for Farmers to Develop AD UK - A new consultancy service for farmers looking to branch out into anaerobic digestion and biogas production was launched at the Energy Now exhibition and conference at the Three Counties...
Wednesday, February 15, 2012
CME: Corn Futures Closed Lower Tuesday US - March Corn finished down 6 at 633 1/2, 7 off the high and 2 up from the low. May Corn closed down 5 at 638. This was 2 1/4 up from the low and 6 1/4 off the high.
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