U.S. corn is imported into China in large quantities China is the world’s second largest consumer of corn, and now there is a shortage of grain on the domestic market. The reason for this was the increase in demand to provide feed for the pig population, which is growing intensively. One of the options to […]
Grain market will show an increase in consumption: forecast analysts Analysts made a forecast of grain production for the current marketing year. According to the document, the figures will reach the mark of 2287 million tons, which is 2% higher than it was in the previous period. As for the trade volume, they will make […]
Soybean prices continue to rise in China: the main reasons for the price increase For the last few days, there has been a boom on the Chinese market as soybean prices have risen sharply. On average, the rise in price was 50%, and so far there is no indication that the trend will change in […]
Corn and wheat acreage will increase, but not enough for market expectations USDA presented the report on the situation in the segment of grain growing. According to data from the USDA, corn acreage in the current marketing year is projected to be larger than it was in the last period. However, their number is not […]
French wheat loses attractiveness for Chinese market After the deterioration of diplomatic relations between Australia, China refused from grain supplies, and began to look for new exporters. One option was French wheat, but in order to conclude contracts for the crop, Beijing demanded that Paris fulfill a number of obligations. Chinese representatives said that to […]
Mexican government restricts use of GMO corn in the country The Mexican government has decided to impose restrictions on the import of GMO corn. It concerns only those grains that are used for food consumption, imports of forage will remain unchanged. Such a statement from authorities has caused fears from the main suppliers of corn […]
Australian wheat producers buy equipment and fertilizer en masse Last year Australia had a record wheat harvest, which was a real salvation after dry periods. However, experts say that the weather conditions will be favorable for growing grain this year as well. Therefore, Australian producers are actively preparing for the new sowing season, upgrading machinery, […]
Egyptian wheat market: forecast for the current marketing year Experts have made a situation forecast for the segment of cereals. According to it, the Egyptian wheat market in the 2021-2022 marketing year should reach a mark of 9 million tons. One of the factors that contributes to this growth is the increase in the area […]
Factors affecting the decline in wheat stocks This year’s expected wheat crop in the U.S. will be lower than in previous periods. The reason for this is frosts that passed over the territory of the country and negatively influenced crops of red-grained winter wheat. In this regard, there is a risk that the reduction of […]
Low margin of soybean processing: causes of the situation In the soybean processing segment, margins are low due to an imbalance between demand and stocks. Demand for the crop has fallen, while a large amount of product remains in reserve. Moreover, negative margins have been observed for some time, and this has led to lower […]