This month’s WASDE saw corn production in the US forecast higher, to 353.84Mt, a slight hike on the 352.95Mt estimated in October, leading to a slightly eased ending stock projection.
There is degree of optimism for an extension of the UN-backed grain corridor deal, which is allowing Ukrainian grain exports ramp up out of the Black Sea.
The European Commission (EC) has decided to extend the period of relaxation on certain import controls on feed inputs, one element in a crisis package.
The latest report from the International Grains Council (IGC) indicates a tightening of global grain markets, mainly due to projected declines in corn and wheat.
ForFarmers expects its underlying EBITDA in the first half of its 2022 financial year to be slightly higher than the relatively low level in the first half of 2021.
The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.
Viserion Milling, a newly formed subsidiary of Viserion International, is to acquire Western Milling, a diversified California-based agribusiness, from Kruse Western, Inc.
The USDA released its May World Agricultural Supply and Demand Estimates (WASDE) report yesterday, which includes the first official look toward next season.
Elevated dietary branched chain amino acids (BCAA) inclusions in wheat-based diets with reduced crude protein levels did not enhance broiler growth, finds a study.
The agri-commodities market’s attention continues to be fully on Ukraine, where harvest prospects and the ability to export remain unknown, say analysts.
Feed industry representative group, the Agricultural Industries Confederation (AIC), has hailed the UK government’s announcement that from June 1, 2022, it will remove the 25% import tariff on corn imported to the UK from the US.
In what has been a mixed day for markets, weather forecasts for large parts of US winter wheat are now once again showing little beneficial rainfall over the next week and uncertainty remains around crop conditions, say UK-based agri-commodity specialists.
Russia’s invasion of Ukraine has led to volatility in several sectors of the global economy. For India and the region, trade is being disrupted in the grains, oilseeds, fertilizer, and energy sectors, among others.
Ukraine has become an increasingly large corn exporting country, suppling significant volumes of that grain to the UK, EU, China, and North African markets.
EU feed manufacturing companies are currently searching for alternative supplies to compensate for loss of Black sea origin, mainly in relation to maize [corn] and sunflower meal.
EU feed, grain, and oilseeds sectors warn against the pitfalls of the current EU Commission draft regulation to curb global deforestation. They want to make it more workable.
Global crude oil values have rallied sharply as the conflict in Ukraine continues to escalate and markets price in risk premium, with growing uncertainty in global markets, finds CRM Agri in its latest outlook.
Leading European feed manufacturer, ForFarmers, expects raw material and energy prices to remain high, given the worrying political situation between Russia and Ukraine.
UK based analysts say it is impossible to forecast whether the escalating tensions between Russia and Ukraine will have an impact on physical supply of grains.
US headquartered technology provider, Centaur, says it has reached a milestone in terms of its work to preserve quality and maximize profitability across the food and commodities supply chain.
Camelina seed can be used to produce a low-carbon oil for renewable diesel but it can also work as a sustainable, plant-based replacement for fish oil, says a US innovator.
Viterra Limited is to buy Gavilon, a grain and ingredients trading business, supporting its long-term strategy of significantly increasing its presence in the US, an agricultural region where Viterra had a limited sourcing presence.
Brazil and Argentina are likely to step up corn and soybean exports to China during the US winter months, finds a newly released report from US organization, CoBank.
Markets have had a mixed reaction to the January WASDE. Initially, falling following the publication of the USDA’s report, they recovered quickly, thereafter.
Technology like AI can help poultry producers improve the efficiency and health of flocks, identify previously unknown problems and anticipate outcomes, says Cargill.
