Sep 22, 2023 | Grain, Wheat
In the September report, International Grains Council – IGC analysts lowered the forecast of global wheat production in 2023/24 MY to 783.5 mln tonnes compared to 784.1 mln tonnes in the previous forecast, which is also 21.2 mln tonnes lower than in 2022/23 MY,...
Sep 22, 2023 | Corn/Maize, Grain, Wheat
European Grain Markets The MATIF wheat front futures rallied yesterday and is back above the 20-day average. The session started strongly after news of a cargo ship hitting a sea mine in the Black Sea, near the border between Romania and Ukraine. The cause of the...
Sep 22, 2023 | Corn/Maize, Grain, US Grains Council
Chicago Board of Trade Market News Outlook of corn market: Corn futures are 1 cent lower (0.2 percent) than last Friday’s close and just 3 cents (0.6 percent) below the last Market Perspectives report from 31 August. To state the obvious, the market has been...
Sep 21, 2023 | Corn/Maize, Grain
Brazil’s Corn Export Triumph: Remarkable Rise in Corn Exports In a significant agricultural development, Brazil has emerged as a global leader in corn exports, surpassing the United States. The Foreign Agricultural Service (FAS) of the US Department of Agriculture...