Corn
Market News
Canada's grain and oilseed exports rose by 57%, or 383,100 tonnes, in the week ended Sunday September 15, totaling 1.1 million tonnes, with gains in canola and wheat flows, according to data from the Canadian Grain Commission released late on Thursday September 19.
Argentina’s Secretariat of Agriculture, Livestock and Fisheries (Sagyp) increased its projection for corn planted area in the 2024/25 by 1.1%, to 9.6 million hectares, while increasing final estimates for last crop year soybean output, according to a monthly report released on Thursday September 19.
Corn planting progress in Argentina for the 2024/25 marketing year reached 7.1% of the projected sown area of 6.3 million hectares in the week to Wednesday September 18, according to the Buenos Aires Grains Exchange (BAGE) weekly crop report published on Thursday September 19.
Dry conditions in the Black Sea region in the week beginning Thursday September 19 will provide an ideal environment for harvesting late-season crops such as corn and sunflower. Elsewhere, challenges are expected to persist for growers in North America and South America, as well as parts of China and Australia, due to wetter and more unpredictable weather patterns.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
US net sales of corn for the 2024/25 crop year totaled 847,400 tonnes during the week to September 12, according to data released by the USDA on Thursday September 19.
Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 11, according to data released by Argentina’s agriculture secretariat on Wednesday September 18.
China’s corn and wheat imports in August fell to their lowest levels for several years, with the pace of buying in the country slowing after a frenetic phase of imports earlier this year, sources told Fastmarkets on Wednesday September 18.
Corn
Corporate News
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
The agricultural giant Archer Daniels Midland (ADM) has seen its share prices tumble after it said it had placed its Chief Financial...
Brazil's grain and oilseeds producer SLC Agricola, one of the country´s largest agricultural companies, has cut its soybean...
Louis Dreyfus Company (LDC)'s net sales for the first half of the year fell by 14.8% to $25.8 billion from $30.3 billion during the same...
Germany-based ethanol producer CropEnergies reported a growth in revenues of almost 40% in...
European seeds producer KWS reported upbeat results for the nine months of the fiscal year...
Net earnings for global agricultural commodities producer and trader Archer-Daniels-Midland Co (ADM) jumped by...
German conglomerate Bayer will continue to invest in Ukraine's agriculture industry and will invest an additional €60 million ($65.7 million)...
Corn
Policy News
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The Ukrainian government has adopted a minimum export price policy resolution, but the policy may only come into force a few months later, Taras Vysotsky, Ukraine’s acting agrarian policy and food minister said during a weekly Trend and Hedge club meeting late on Wednesday August 21.
The European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
The Russian government has changed its tax calculation formula on wheat exports, bringing it down significantly for the July 3-9 period, the country's Ministry of Agriculture said on Friday June 28.
The Ukrainian government is preparing to implement a minimum export price mechanism as it takes another step toward re-exerting control over a non-official trade in exports of grains and oilseeds, according to an official note published on Ukraine's agriculture ministry website early on Thursday June 13.
The Russian government has increased the wheat export tax, leaving the corn and barley tariff at zero for June 12-18 period, the country's Ministry of Agriculture reported on its website on Friday June 7.