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Grains & Feed

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EU corn import lead narrows, exports double last year’s level

EU imports of corn are running 14% ahead of last year as of November 17, down from a lead of over 100% six weeks into the season.

Ukraine Spain EU

US rice wins new guaranteed access to the South Korean market

New tariff-rate quota (TRQ) access for US rice exported to South Korea was announced today (Nov. 19) by United States Trade Representative (USTR) Robert Lighthizer and USDA Secretary Sonny Perdue as part of an agreement reached between the two countries.

Trade Agreements Markets USDA

Wheat

Set Alert for IEG Vu Grains and Feed :: Wheat

US Futures Review: Wheat ends lower after disappointing export sales

Wheat futures were lower on Thursday on disappointing export news.

Wheat Futures

US Futures Review: Wheat edges higher after losses

Wheat futures were marginally higher on Wednesday even though there was a lack of fresh fundamental news.

Wheat Futures

US Futures Review: Winter wheat contracts end lower

Wheat futures were mostly on Tuesday on technical selling which weighed on winter wheat contracts while spring wheat futures gained.

Wheat Futures

US Futures Review: Wheat lower on technical selling, disappointing exports

Wheat futures were broadly lower on Monday on technical selling.

Wheat Futures

Weekly Review: Tighter soft wheat support in US market

Trade reports have noted abnormally high price premiums demanded for US soft red winter wheat over normally more valuable hard winter and spring wheat classes.

Wheat Futures

US Futures Review: Wheat lower ahead of Thanksgiving

Wheat futures were lower on Wednesday on technical selling.

Wheat Futures
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Corn

Set Alert for IEG Vu Grains and Feed :: Corn

US Futures Review: Disappointing export data pressures corn

Corn futures finished the session lower after export updates from USDA proved disappointing.

Corn Futures

US Futures Review: Corn ends lower on technical selling

Corn futures fell lower in part on followthrough selling after Tuesday’s losses.

Corn Futures

US Futures Review: Corn finishes mixed on trade uncertainties, slow harvest

Corn futures finished mixed with nearby months weaker and slight advances in farther-deferred contracts.

Corn Futures

US Futures Review: Corn rises despite exports being below expectations

Corn futures opened December with gains, aided by fund buying.

Corn Futures

USDA Crop Progress: Corn harvest gains, but some states still well behind

US corn harvest is closing in on 90 percent complete while three states remain well behind the average pace as we move into the December.

Corn Soy

Weekly Review: Corn back to 2-month lows

CBOT corn nudged fresh 2-month-plus lows this week as traders appeared to take a more sanguine view of still delayed US harvesting.

Corn Price
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Rice

Set Alert for IEG Vu Grains and Feed :: Rice

EU rice imports from Cambodia fell sharply in first year after tariffs

Renewed EU duties on Cambodian rice have led to a sharp decline in imports of the grain in 2019, new official data reveal.

Rice EU

Peruvian grape and cocoa exports up m-o-m, rice import volumes rise

Several of Peru’s key agricultural exports rose in October month-on-month, including cocoa and grape, while coffee and avocado saw declines, the latest Minagri data showed.

Peru Cocoa

Tariffs boost EU Japonica rice imports

Total EU rice imports across the major varieties were lower on-season as of November 25, with significant fluctuations in imports by variety, according to EU customs data.

Rice Imports

Italy keeps pushing for EU tariffs on Japonica rice from Myanmar

Italy seeks to extend the EU’s safeguard tariffs to a different type of rice coming from Myanmar, but Agriculture Commissioner Phil Hogan remains unconvinced.

Rice EU

Thai rice in a tight spot

Weather, politics, currency movements and international competition are all tugging at Thailand’s rice market.

Thailand India

Trade policy, competition key factors in US grain, oilseed exports: ERS report

US grain and oilseed exports are likely to face rising competition in the global marketplace over the next decade, while US-China trade developments will also color the export outlook, according to a report by USDA’s Economic Research Service (ERS).

US Agricultural Policy Trade Disputes
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Barley

Set Alert for IEG Vu Grains and Feed :: Barley

German farmers stage new protest over agriculture policy plans

Thousands of German farmers have descended upon Berlin in another protest over the government’s planned policy measures, which include a ban on glyphosate by the end of 2023.

EU Germany

Heavy rainfall cuts EU winter cereal area, Commission finds

Frequent and abundant rainfall is expected to reduce EU winter cereal sowings in key areas and continues to hamper the harvesting of some crops, the European Commission has reported.

Corn Wheat

Australia drought drags GrainCorp to a loss

Australian grain producer and transporter GrainCorp announced a loss of AUD113 mln for its 2019 financial year, as a widespread drought in East Coast Australia (ECA) hit production and transport volumes.

GrainCorp Financial Results

Global Grain 2019: Grains in the trade wars

Trade wars loomed over most of the presentations at Global Grain Geneva, but were brought into focus in a session covering the North American markets on November 13.

Trade Disputes United States

Global Grain 2019: A bearish outlook for a 'mad world'

Global grain markets look set to continue moving sideways in the long term unless a new demand driver presents itself, accord to the keynote speaker at Global Grain Geneva 2019.

Corn Wheat

Global Grain Geneva 2019 Hub

IEG Vu's latest coverage from Global Grain Geneva 2019, updated as new articles are published.

Ukraine Grains & Feed
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Soymeal

Set Alert for IEG Vu Grains and Feed :: Soymeal

US Futures Review: Soybeans led higher by meal rally

Soybean futures ended higher Thursday, lifted by sharp gains in soybean meal futures. Soybean oil futures also ended slightly higher. January soybean futures were 6 1/4 cents higher at USD8.84 1/4.

Soy Futures

US Futures Review: Soybeans higher as short covering action continues

Soybean futures settled higher Wednesday as short covering continued to lift the market. Soybean meal futures and soybean oil futures also ended higher. January soybean futures were seven cents higher at USD8.78.

Soy Futures

US Futures Review: Soybeans edge higher on short covering action

Soybean futures settled slightly higher Tuesday as short covering emerged after eight sessions of lower trade. Soybean meal futures ended mixed. Soybean oil futures ended slightly higher. January soybean futures were 1/2 cents higher at USD8.71.

Soy Futures

US Futures Review: Soybeans sink as export shipments slow

Soybean futures ended lower as slowing export shipments and mostly favorable South American growing conditions pressured the market amid ongoing US-China trade uncertainty. Soybean meal futures ended mixed. Soybean oil futures ended sharply lower across the board. January soybean futures were 6 1/4 cents lower at USD8.70 1/2.

Soy Futures

US Futures Review: Soybeans extend decline ahead of Thanksgiving

Wednesday’s trade ahead of the US Thanksgiving holiday saw soybean futures decline for a sixth successive session while futures began to test lower support levels.

Soy Soy Oil

US Futures Review: Soybeans fall as US harvest nears completion

Soybean futures fell to the lowest levels in 10 weeks amid technical selling pressure. Soybean meal futures and soybean oil futures also ended lower. January soybean futures were 8 1/4 cents lower at USD8.84 1/4.

Soy Futures
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Rapemeal

Set Alert for IEG Vu Grains and Feed :: Rapemeal

Olam closed H1 with lower profit despite strong revenues and volumes

Olam International has suffered a profit fall despite growth in revenues, volumes and earnings before interest, taxes and amortisation (EBITDA) for the first half of 2019.

Olam Financial Results

July heatwave cuts yields for EU summer crops - JRC

Unusually hot weather at the end of July further weakened the yield outlook for EU summer crops, the European Commission outlines in its latest crop monitoring report.

Europe Fresh Fruit & Vegetables

Russian feed production to hit 40 mln tonnes in 2025

Feed production in Russia is forecast to grow steadily in the next six years, with pork and cattle feed leading increases.

Russian Federation Grains & Feed

EU soybean import lead narrows

The EU’s total imports of soybeans remain higher this season than last, but the lead has narrowed in recent weeks despite relatively cheap prices for the oilseed.

Soy Palm Oil

Indian rapeseed meal exports jump

India’s exports of rapeseed meal and soymeal improved on-year for the April 2018- March 2019 period, according to the Solvent Extractors’ Association of India (SEA).

India Iran

Indian oilmeal exports pace slows in December

India’s oilmeal exports in December were provisionally reported at 303,115 tonnes, which is 14% lower than the previous month, the latest data from the Solvent Extractors Association (SEA) showed.

Oils & Oilseeds Grains & Feed
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Sunflowermeal

Set Alert for IEG Vu Grains and Feed :: Sunflowermeal

July heatwave cuts yields for EU summer crops - JRC

Unusually hot weather at the end of July further weakened the yield outlook for EU summer crops, the European Commission outlines in its latest crop monitoring report.

Europe Fresh Fruit & Vegetables

Russian feed production to hit 40 mln tonnes in 2025

Feed production in Russia is forecast to grow steadily in the next six years, with pork and cattle feed leading increases.

Russian Federation Grains & Feed

EU soybean import lead narrows

The EU’s total imports of soybeans remain higher this season than last, but the lead has narrowed in recent weeks despite relatively cheap prices for the oilseed.

Soy Palm Oil

Dutch feed firm enters Ukraine with acquisition

Netherlands-based Royal De Heus is taking a strategic step into the Ukrainian market by acquiring a majority stake in local feed manufacturer, D-Mix.

Netherlands Ukraine

China top destination for Ukrainian sunflower meal in 2018/19

China was the top importer of Ukrainian sunflower meal during the first two months of the 2018/19 season, but overall shipments of the commodity were down year-on-year.

Oils & Oilseeds Sunflowerseed

Fat and Oil Industry 2018: Ukraine meal exports could set new record

Ukraine could set a new record in oilmeal exports this season (2018/19), thanks to strong production growth across all types of meal, APK Inform said in Kiev yesterday (November 6).

Oils & Oilseeds Grains & Feed
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Other Grains & Feed

Set Alert for IEG Vu Grains and Feed :: Other Grains and Feed

“Sudan is ready to modernise its agricultural industry once political stability has been achieved”

The president of the Sudanese agricultural exporter Africorp International (ACI), Dr. Mohammed Haroon, was talking to IEG VU about the Sudanese agribusiness industry, during his visit to Anuga. Sudan has great potential for products such as peanuts, cotton, gum Arabic and sesame.

Sesame Seed Waxes & Gums

Ghana’s commodity exchange set to improve agricultural sector

Farmers of agricultural commodities in Ghana are optimistic that the Ghana Commodity Exchange (GCX) will help them generate higher incomes.

Cocoa Ghana

South African wheat crop forecast to rise

South Africa’s 2019 wheat crop will be 2.55% higher than in 2018, according to the first production estimate from South Africa’s Department of Agriculture, Forestry and Fisheries’ (DAFF) crop estimates committee.

South Africa Barley

July heatwave cuts yields for EU summer crops - JRC

Unusually hot weather at the end of July further weakened the yield outlook for EU summer crops, the European Commission outlines in its latest crop monitoring report.

Europe Fresh Fruit & Vegetables

Kenya takes steps to raise profile of nuts, grains and oilseed crops

The Kenya Agricultural Livestock Research Organisation (KALRO) and Equatorial Nut Processors (ENP) have signed a deal to promote production of nuts and other key crops in the country.

Macadamias Kenya

Australia to increase winter crop area

The area planted with winter crops in Australia in 2019/20 is expected to rise by 8.9% to 19.6 million ha, according to the first seasonal forecast by the Australian Bureau of Agricultural Resource Economics and Sciences (ABARES) last month.

Australia Barley
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