In Argentina, La Nacion reported that the country’s soybean and corn harvest has already shrunk by an equivalent volume, between both grains, to 11 million tons, due to the drought of the last 30 days, in addition to high temperatures. The Rosario Grain Exchange (BCR), estimated the soybean harvest at 47.5 million tons. This is […]
In Argentina, La Voz del Interior reported that Mexico’s government lifted restrictions on imports of genetically modified corn for human consumption. The Ministry of Economy published in the Official Gazette of the Federation the agreement that nullified the application of various restrictions on glyphosate and transgenic corn agreed by the previous government in 2023. For […]
In Missouri, World Grain reported that Thailand’s rice and corn production in the 2024-25 marketing year is forecast to increase due to acreage expansion and average yield improvement, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. The report noted that favorable water supplies in reservoirs in key […]
In Brazil, Safras & Mercado reported that the harvest of the 2024/25 summer corn crop in Brazil reached 16.1% of the estimated area of 3.512 million hectares as of the end of January. Harvesting work has reached 39.8% of the 886,000-hectare cultivated area in Rio Grande do Sul state, 26.7% of the 583,000 hectares planted […]
In Missouri, World Grain reported that the Foreign Agricultural Service (FAS) of the US Department of Agriculture projected China’s grain output to reach 706.5 million tons in the 2024-2025 marketing year, a 1.6% increase over the previous year driven by expanded acreage and higher yields. China’s National Bureau of Statistics forecasts a 2% year-on-year increase […]
In Brazil, Dinheiro Rural reported that Brazil’s exports of soybeans, soybean meal, corn and wheat in January are expected to end January above initial projections, according to data by the National Association of Cereal Exporters (Anec). The country’s soybean shipments were estimated at 2.19 million tons, compared to 1.71 million in the previous week’s projection. […]
In Argentina, La Nacion reported that the Rosario Grain Exchage (BCR) said that Argentina’s 2024/25 corn crop is expected to reach 48 million tons, down from a previous estimate of 50-51 million tons, due to the impact of a drought. In its monthly grains report, the BCR said its estimate for 2024/25 soybean production would […]
In the Philippines, Business World reported that bad weather conditions are expected to disrupt corn production this year after rains forced some farmers to alter their planting schedules, according to the Philippine Maize Federation, Inc. (PhilMaize). “Bad weather, typhoons, and heavy rains caused delays in planting in some areas. There are some that have completed […]
In Argentina, Reuters reported that the Buenos Aires Grains Exchange increased its corn planting area estimate, while trimming the pegged soybean area for the 2024/25 season. The corn crop is now seen covering 6.6 million hectares, up from a prior estimation of 6.3 million hectares, the exchange said, adding the new forecast was a “correction” […]
In India, Reuters reports India’s drive to boost ethanol production from corn turned the country into a net corn importer for the first time in decades, pushing domestic prices to record highs and impacting global supply chains. The policy shift, which began with a January hike in procurement prices for corn-based ethanol, aims to reduce […]
