Corn
Market News
The United Nations Food & Agriculture Organization (FAO) Food Price Index (FFPI) for December decreased by 0.5%, or 0.6 points, month on month in December from November’s 127.6 points, the FAO reported on Friday January 3.
Dry conditions are set to dominate the US Midwest in the week beginning Thursday January 2, raising concerns about winter wheat crops in this critical overwintering period.
US weekly ethanol production increased by 4,000 barrels per day to 1.111 million bpd in the week to Friday December 27, according to data published by the US Energy Information Administration (EIA) on Thursday January 2.
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.
Speculators in the US corn and soybean markets shed short positions in the week to Tuesday December 24, while bolstering short positions in the country’s three wheat contracts, data from the Commodity Futures Trading Commission (CFTC) showed late on Monday December 30.
Global trade for agricultural products through tenders had a significant downturn in 2024, with total volumes falling drastically compared with 2023. The year was marked by economic challenges, geopolitical instability and shifting procurement strategies, which drove tender activity across wheat, corn and barley to new lows.
Export inspections of US corn decreased by 23% to 878,380 tonnes during the week to Thursday December 26, from 1,146,185 tonnes during the previous week, according to USDA data released on Monday December 30.
Canada’s grain and oilseed exports totaled 1.31 million tonnes in the week to Sunday December 22, a decrease of 110,700 tonnes, or 8%, from 1,425 tonnes the previous week, according to data from the Canadian Grain Commission published on Friday December 27.
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
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.
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.