Articles By Jocelyn Garcia
Argentina’s recent rains accelerated planting and harvesting efforts in the country in the week ended Wednesday June 26, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday June 27.
The rampant destruction of Argentina's corn crop by tiny invasive insects could become a thing of the past, after scientists in Argentina announced that they have sequenced the genome of the corn leafhopper.
US weekly corn net sales of the 2023/24 crop totaled 542,200 tonnes in the week to June 20, up by 6% from the previous week but down by 39% from the prior four-week average, according to the latest data from the US Department of Agriculture published on Thursday June 27.
The majority of the US’s crop conditions declined and landed below market expectations in the week to Sunday June 23, with a heat wave affecting growing areas, the USDA’s weekly crop progress report showed on Monday June 24.
The USDA’s cattle on feed report released on Friday June 21 estimated the number of cattle in the nation’s feedlots at 11.58 million head as of June 1, above market estimates but below last year’s 11.59 million head.
Following heavy rains in Texas, Oklahoma and Kansas, the US hard red winter (HRW) harvest has resumed, while record temperatures are accelerating the soft red winter (SRW) harvest, the latest harvest report from the US Wheat Associates (USWA) showed on Friday June 21.
US weekly corn net sales of the 2023/24 crop totaled 511,400 tonnes in the week to June 13, down by 52% from the previous week and 48% from the prior four-week average, according to the latest data from the US Department of Agriculture published on Friday June 21.
The USDA’s local attaché in Mexico has increased its outlook for corn and wheat production in the October 2024-September 2025 marketing year based on producer expectations of a gradual recovery to average precipitation levels, following severe drought conditions during the current October 2023-September 2024 marketing year.
Julio Berdegué, the incoming Secretary of Agriculture and Rural Development (Sader) for Mexico, announced on Thursday June 20 that the new administration under President-elect Claudia Sheinbaum Pardo, which takes office on October 1, will prohibit genetically modified corn (GMO).
Weekly export inspection volumes of US corn were down by 4% to 1.29 million tonnes during the week to Thursday June 13, from 1.34 million tonnes recorded during the previous week, data from the US Department of Agriculture showed on Monday June 17.
Argentina’s wheat planting neared the halfway point in the week ended Wednesday June 12, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday June 13.
US weekly corn net sales of the 2023/24 crop totaled 1,056,100 tonnes in the week to June 6, down by 11% from the previous week, but up 16% from the prior four-week average, according to the latest data from the US Department of Agriculture released on Thursday June 13.
Mexican white and yellow corn production is expected to decline in the Oct2023/Sep24 market cycle as a result of severe drought in growing areas, according to the government publication Agri-Food Expectations 2024.
The USDA projects steady domestic figures from last month, but estimates global changes, according to the agency's update to its influential World Agricultural Supply and Demand Estimates (WASDE) report on Wednesday June 12.
US weekly ethanol production decreased by 49,000 barrels per day to 1.023 million bpd in the week ended June 7, the first decline reported since the first week of May, according to data published by the US Energy Information Administration (EIA) on Wednesday June 12.
US corn and soybean planting advanced at a slower pace compared to last year in the week to Sunday June 9, while spring wheat and barley exceeded the pace of 2023, the USDA’s weekly crop progress report showed on Monday June 10.
Industry participants polled by Fastmarkets ahead of the USDA’s monthly supply and demand update on Wednesday June 12 project the agency will move down US and global ending stocks for both the new and old corn crop, while US production is expected to be unchanged, compared with May estimates.
Weekly export inspection volumes of US corn were down by 5% to 1.34 million tonnes in the week to June 6 from the 1.42 million tonnes recorded in the previous week, data from the USDA showed on Monday June 10.
Argentina’s soybean harvest is nearing completion following limited rain in the week to Wednesday June 5, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday June 6.
US weekly corn net sales of the 2023/24 crop totaled 1,180,900 tonnes in the week to May 30, up by 46% from the previous week and by 41% from the prior four-week average, according to data from the US Department of Agriculture released on Thursday June 6.