Articles By Jocelyn Garcia
Export inspections of US corn increased by 7% to 1.54 million tonnes in the week ended Thursday January 16, up from 1.44 million tonnes a week earlier, according to USDA data published on Tuesday January 21.
Argentina has completed its wheat harvest, reaching a total production of 18.6 million tonnes, with a national average yield of 3,040 kg per hectare, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday January 16.
US weekly corn net sales for the 2024/25 crop year reached 1,024,200 tonnes during the week ended January 9, 2025, a substantial increase from the previous week and in line with the prior four-week average, according to data released by the USDA on Thursday January 16.
US weekly wheat net sales for the 2024/25 crop year surged to 513,400 tonnes during the week ending Thursday January 9, 2025, a significant rebound from the previous week and 55% above the prior four-week average, according to the USDA’s latest report released on Thursday January 16.
Taiwan’s Major Feedmill Group (MFIG) has issued an international tender to purchase as much as 65,000 tonnes of animal feed corn, trade sources told Fastmarkets on Monday January 13.
Export inspections of US corn rose by 64% to 1.44 million tonnes in the week ending January 9, compared with 877,214 tonnes in the previous week, according to US Department of Agriculture data published on Monday January 13.
US corn yields were at a record high in 2024 despite a decline in production, while soybean output increased on expanded acreage, according to the USDA’s annual crop production summary report released on Friday January 10.
The US Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report update for January projects lower corn production, usage and ending stocks.
US weekly corn net sales for the 2024/25 crop year fell to 445,000 tonnes during the week ending January 2, 2025, marking a marketing-year low, according to the USDA’s latest report released on Friday January 10.
Market participants polled by Fastmarkets on Wednesday January 8, before publication of the USDA’s January World Agricultural Supply and Demand Estimates (WASDE) update report on January 10, expected that the agency would lower its forecast for domestic US corn ending stocks and make a slight reduction to its estimate for global stocks.
US weekly ethanol production fell by 9,000 barrels per day to 1.102 million bpd in the week to Friday, January 3, according to data published by the US Energy Information Administration (EIA) on Wednesday, January 8.
Sentiment among US agricultural producers drifted lower in December, with the Purdue University-CME Group Ag Economy Barometer falling 9 points to 136.
Export inspections of US corn amounted to 847,463 tonnes in the week ended Thursday January 2, down by 7% from the 907,565 tonnes recorded the previous week, according to US Department of Agriculture data published on Monday January 6.
US weekly net sales of wheat for the 2024/25 crop year totaled 140,600 tonnes in the week ended December 26, a low for the marketing year, Fastmarkets has learned.
US weekly corn net sales for the 2024/25 crop year reached 777,000 tonnes in the week ending December 26, reflecting a 55% decline from the previous week and 44% below the prior four-week average, according to the USDA’s latest export sales report released on Friday January 3.
Mexico's tortilla prices are expected to surge to as much as 32 pesos ($1.54) per kg in 2025, driven by a mix of domestic and international challenges, according to industry experts.
Following the ruling by a United States-Mexico-Canada Agreement (USMCA) dispute panel, Mexico is reinforcing its commitment to limiting genetically modified (GM) consumption. Although the panel sided with the US on key points, Mexico has made it clear that its long-term goals for protecting biodiversity and public health remain unchanged.
US weekly corn net sales for the 2024/25 crop year totaled 1,174,600 tonnes in the week ending December 12, a 24% increase from the previous week, but 10% below the prior four-week average, according to the USDA’s latest report released on Thursday December 19.
US weekly ethanol production increased by 25,000 barrels per day to 1.103 million bpd in the week to Friday December 13, according to data published by the US Energy Information Administration (EIA) on Wednesday December 18.