Feed crop quality continues to be uncertain for feed users, even as questions remain about total production for current corn and soybean crops, says analyst at Iowa State University.
South African growers are expected to increase plantings of yellow (feed grade) corn by 10% per cent in 2019, which “should decrease corn prices”, according to the latest report from the USDA Foreign Agricultural Service (FAS).
Large wheat crops are expected for the EU, US and Ukraine, while the improved US weather outlook and large Black Sea crop forecasts are pressuring maize prices, according to the latest AHDB grains and oilseeds market review.
Rabobank expects soybean imports into China to resume a modest growth, by 2020, even without a US-China trade deal, although import volumes will remain below their historic highs.
Poor weather and a drop in planted acres are expected to lower sorghum yields in Mexico, while increased corn production shifts feed use way from the feed grain.
African swine fever (ASF) continues to threaten the global pork market, not only by causing a production drop in Asian countries, but also adding uncertainty to trade and production prospects in other parts of the world, noted Rabobank in its latest pork...
In line with expectations for higher poultry feed demand in Indonesia, 2019/20 corn consumption for feed in that Asian market is forecast to jump to 9.4m tons compared to 9m tons in 2018/19, according to a GAINS report from the US Department of Agriculture...
Despite the expectation of a record corn crop and ongoing production expansion, poultry and swine producers face challenges in accessing the feed ingredient, says analyst.
Autonomy in feed production for Egypt’s largest dairy business, Dina Farms, is one of the reported ambitions of its owner, Qalaa Holdings, a listed Egyptian investor in energy and infrastructure ventures in the Middle East and Africa.
Delayed planting continues to prompt questions about US feed crop acres and production and now highlights the uncertainty of some USDA data in the WASDE report, says analyst.
Weather delays in the planting season raise questions about the total acres planted along with the potential implications for feed crop development and yields, says analyst.
