Last week saw the IGC amend its projections for global wheat production in 2021-22 to 782m tons, that is 6m tons lower than its July forecast but still an increase of 1.2% from 773m ton in 2020-21.
We talk to a grain and oilseed market specialist to get an up close perspective on soybean, rapeseed, corn and wheat market developments and the relevance of such events for compound feed producers.
The June WASDE continued to reflect the improving conditions in Europe, Ukraine and Russia, while the US and Brazil remain a concern, say commentators.
Rapeseed markets risk coming under pressure; ahead of harvest, there is a growing confidence in new crop availability in Europe and Ukraine, says CRM Agri.
As speculation took hold this week that China was looking to restrict corn imports and cancel cargo, US data shows the Asian country would seem to be continuing to purchase US corn.
The COVID-19 pandemic has placed the spotlight on meat supply and food security. We get three different perspectives on the future of global food production.
A San-Diego biotech that tweaks genetic crop traits to improve their rates of photosynthesis, says new data shows its PhotoSeed technology can improve the oil, protein, and sustainability profile of soybeans.
Current conditions are positive for wheat supply, while corn markets have been dominated by the large US-China export sales, and soybean markets have continued to trade sideways, finds this week’s analysis by CRM Agri.
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.
In terms of wheat, the December USDA WASDE has been largely overshadowed by the possibilities of an export tax being placed on Russian wheat later this season, said Peter Collier, analyst, CRM AgriCommodities.
Despite the recent import duty suspension by the Brazilian government, soybean crushers are not keen on importing soybeans and are ready to wait until the new Brazilian harvest hits the market in February, market sources told S&P Global Platts.
The much-awaited September USDA WASDE has confirmed views that up to 10MT of US corn production has been lost following the storms and prolonged dry period, noted Peter Collier, analyst, CRM AgriCommodities.
Globally wheat stocks-to-use is up year-on-year, but a poor start for crops in Argentina with dryness and frosts needs monitoring, warns AHDB analysts in their latest grain market report.
In the latest World Agricultural Supply and Demand Estimates (WASDE) report from the US Department of Agriculture (USDA), global maize production for 2020/2021 was cut by 25.27MT to 1163MT.
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.
China is to increase soy purchases, while feed milling and logistical operations are getting back to normal, according to analysis from S&P Global Platts.
The US Department of Agriculture (USDA) also forecasts higher soybean meal use in the US with an expected reduction in available supplies of DDGs resulting from lower ethanol production.
Although import buying of some commodities has accelerated in recent weeks, logistical challenges are being reported as movement constraints and quarantine measures due to the COVID-19 outbreak become widespread, said the International Grains Council...
Agribusiness and grain results are boosting fourth quarter returns for Bunge Limited based, in part, on origination and improved farmer selling in South America.
Danish fish feed manufacturer, Aller Aqua, says it will cease sourcing the soy it needs for its formulations from South America, with its European manufacturing bases privileging regional purchasing of soy products instead.
The US Grains Council (USCG) is focusing on supporting trade in current markets and expanding into others over the coming 12 months. The US soy sector, among other priorities, is looking to address infrastructure challenges.
We talk to UK feed and ag inputs representatives, AIC, about the trade group's efforts to further the sustainability agenda with its members, who are responsible for some £9bn (US$11.8bn) of farm trade,
EU production of soybeans and pulses will continue to grow to address feed and food demand for locally produced plant-protein products, according to the EU Commission’s outlook for EU agriculture until 2030.
Superior Ag, a feed producing and grain merchandising cooperative active in parts of Indiana, Kentucky and along the border of Illinois, seeks to expand its regional grain market and feed footprint with a Kentucky-focused partnership, says CEO.
Lowering barriers to imported soybeans could improve use of crush capacity, reduce costs and support the expansion of the livestock sector in India, says analyst.
US soybean markets saw a boost at the end of last week, said the market specialists at the UK’s Agriculture and Horticulture Development Board (AHDB) in a report today [October 14].
The US Department of Agriculture (USDA) forecasts reduced production for some feed grains including corn, soybeans and sorghum even as corn yields see a slight boost.
Supplementing finishing diets for farmed tilapia with soybean oil may boost fish growth and the nutritional value of products generated, researchers say.
Whilst there is unlikely to be any relief from high feed prices in the short term for the soymeal-reliant poultry industry, an increase in soybean plantings in India in 2019 is “highly likely,” according to an analyst.
A paper detailing the research done into alternative processes for the production of expeller soybean meal (SBM) from European grown soybeans and trials done in broilers in the UK has just been published.
Vietnam bought US$1.3bn worth of imported animal feeds and materials for animal feed production in the first four months of this year, up 2.4% against the same period last year, according to data from the country's Ministry Agriculture and Rural...
The Minnesota Department of Agriculture (MDA) in the US has determined that grain and seed screenings used as feed were linked to the spread of an invasive weed, Palmer amaranth, in soybean fields there.
New figures released by the European Commission on Tuesday [April 16], show that imports of US soybeans by the European Union increased by 121% over the current market year (July 2018 to mid-April 2019), compared to the same period in the previous year.
The US Soybean Export Council is meeting with international customers to bolster markets and address the feed value of US soybeans in an effort to stem an anticipated fall in sales, says chairman.
