China is buying up barley: the reasons for the rush on the grain market The rush that began in the grain market last year continues. China is now buying barley from Canada and France, with forward purchases already referring to the new crop. The reason for such interest in products from those countries was the […]
World grain stocks in 2021 will fall to a record low Analysts of the UN division, which deals with food and agriculture, presented a forecast for the current year. According to the document, grain stocks in the world may decline to a record low for the last 5 years. At the same time the volume […]
Why China’s grain crops imports are on the rise Last year was marked by several significant events for the agricultural market, one of which was record grain imports into China. As a result, prices jumped and exporters began to actively ship products. At the same time, corn stocks in China have been fairly limited for […]
What’s in store for Canada’s soy and wheat market in the 2020/2021 marketing year IGC specialists continue to publish reports for different countries for the current marketing year. Recently the forecast for Canada was released, the document says that the soybean market in the country will exceed the mark of 6 million tons and will […]
How Brazil’s exports will change: an overview of the corn market Brazil’s exports have continued to grow since the beginning of the year. In just 20 days 2021, 1.2 million tons were shipped from the country, the average daily level was 124,300 tons. For comparison, last January this figure was at the level of 95,781 […]
What will be the maize consumption in South Africa next season Experts published a forecast for the next marketing year for South Africa. It is expected that maize consumption will increase compared to the current season by 0.3 million tons, and will amount to 13 million tons. According to analysts, in 2021/2022 MY, we should […]
Exports declined in France: an overview of shipments to non-EU countries There are changes in the supply of French soft wheat to countries outside the European Union. Since December, exports fell, which was caused by a decrease in shipments to China. It should be noted that before that, for several months, exports of grains from […]
Cereal production in Argentina: forecast by analysts of IGC Cereal production in Argentina this year will be 77.7 million tons, according to a report from the IGC. This figure has been revised down from the last forecast and is 7 million tons less than what was recorded in the last marketing year. Initial stocks of […]
Two GM corn of strains will enter the Chinese market China is experiencing record demand for a number of crops. In order to meet it, the authorities of the country allowed the purchase of genetically modified products, which included GM corn. China will now import two strains of the crop, which was bred by two […]
Soybean production for 2021/2022 MY: a report from IGC analysts IGC has updated the report for Brazil for the 2021/2022 marketing year. Soybean production is expected to increase by 6.7 million tons over the current season, reaching 133.5 million tons. At the same time, the volume of initial stocks will be about 2 times less […]