Corn
Market News
Sales of Argentine new crop soybean and corn rose in the week to February 26, while corresponding sales of the old crop decreased, according to data released by Argentina’s agriculture secretariat on Wednesday March 5. As for wheat, weekly new crop sales fell, while old crop sales increased.
Ukrainian corn prices on an FOB and a DAP basis reacted with a delay to falling global prices in the past two weeks and showed themselves to be relatively stable compared with other origins, Fastmarkets understands.
Euronext’s commitment of traders report for the week to Friday February 28 showed a mixed sentiment in French milling wheat and corn futures on the exchange but a continued increase for rapeseed net long and short positions, according to data released on Wednesday March 5.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
US ethanol production increased by 13,000 barrels per day (bpd) to 1.093 million bpd in the week ending Friday February 28, according to data from the US Energy Information Administration (EIA) released on March 5.
China has set an annual target for grain output at 700 million tonnes for 2025, similar to the level achieved in 2024, according to the Government Work report released following the Chinese People's Political Consultative Conference (CPPCC) on Wednesday March 5.
Sentiment among US farmers improved in February, with agricultural producers becoming more optimistic about conditions on their farms, according to the Purdue University/CME Group Ag Economy Barometer survey released on Tuesday March 4.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
Corn
Corporate News
Agricultural commodities giant Bunge Ltd reported its third-quarter financial results on Wednesday October 30, reflecting lower earnings year over year in the context of a tight global margin environment.
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...
Corn
Policy News
The imposition of 25% tariffs on Tuesday March 4 on a wide array of Canadian products, including canola seed, oil and meal, will have a devastating and widespread impact on the Canadian canola industry, according to the Canola Council of Canada (CCC) and the Canadian Canola Growers Association (CCGA).
China has announced additional tariffs of up to 15% on imports of US goods from March 10 with the new measures covering largely agricultural products, alongside restricted exports to 15 US companies, according to a notice posted by the country’s Ministry of Finance and Ministry of Commerce on Tuesday March 4.
Newly appointment US Secretary of Agriculture Brooke Rollins said that reducing the country’s $45.5 billion agriculture trade deficit would be a major focus during her tenure, in remarks to the US Department of Agriculture’s Annual Agricultural Outlook Forum on Friday February 28.
Mexico’s President Claudia Sheinbaum Pardo announced during a morning conference on Monday February 3 that the US will pause for one month before going ahead to impose threatened tariffs on Mexican imports.
Russian government sets tariff-free quotas for agricultural products from Ukrainian occupied regions
Russia has introduced duty-free quotas for exports of grain, vegoil and meal from the Ukrainian occupied territories - or so called “new territories” - including the Donetsk, Luhansk, Zaporizhzhia and Kherson regions, according to an official note on the government’s telegram channel.
The Ukrainian government has released the minimum export prices for a list of agricultural goods in an official document from the country’s Ministry of Agrarian Policy and Food seen by Fastmarkets on Monday November 11.
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.
A minister in the Indian government has approved the import of as much as 200,000 tonnes of duty-free corn following a meeting with representatives of the poultry sector in the country’s Andhra Pradesh state, trade and media sources reported on Wednesday September 25.