Industrial compound feed production in the EU remained stable in 2021. However, the increasing threat from animal diseases and the continuing global grain market rally fueled by the Russian reinvasion of Ukraine is expected to reduce compound feed demand...
There are lots of positives for Northern Ireland businesses arising out of Brexit, but companies are also facing administration headaches due to new constraints imposed on the imports of goods from Great Britain.
US corn production estimates were downgraded further in the January WASDE, lowered to 360.25MT from 368.49MT in the December report, according to CRM AgriCommodities in its analysis of the latest USDA data.
The mildly bearish June World Agricultural Supply and Demand Estimates (WASDE) contained few surprises with the USDA taking a cautious approach as ever with incremental changes, reports CRM AgriCommodities.
There is a lot of uncertainty around future feed demand, globally, given the profound impact that COVID-19 has had on the global livestock sector, noted the Agricultural Market Information System (AMIS) market monitor.
Weakness in the maize market is arising out of lower demand in the US on the back of weak crude oil and reduced fuel demand, and reduced ethanol demand, according to the latest AHDB cereals and oilseeds market report.
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.