The Latest

Upcoming Events


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events

Back to homepage

Tag "corn trade"

WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

WASDE Coarse Grains: Increased Corn Usage, Reduced Corn Stocks

👤From USDA 🕔Dec 12, 2017

This month’s 2017/18 U.S. corn outlook is for increased corn used to produce ethanol and reduced ending stocks. Corn used to produce ethanol is raised 50 million bushels to 5.525 billion, based on increased sorghum export commitments, and the most

Read Full Article
Global Markets: Corn – East Asia An Important Region for Competition

Global Markets: Corn – East Asia An Important Region for Competition

👤From USDA 🕔Nov 9, 2017

East Asian markets have been the foreground for competition between Brazil and U.S. corn exports. Japan, South Korea, and Taiwan are significant importers (accounting for roughly 20 percent of global corn trade) that source primarily from both countries, as exporters’

Read Full Article
WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

WASDE Coarse Grains: Increased U.S. Corn Demand Offset by Higher Production

👤From USDA 🕔Nov 9, 2017

This month’s 2017/18 U.S. corn outlook is for larger production, increased feed and residual use and exports, and greater ending stocks. Corn production is forecast at 14.578 billion bushels, up 298 million from last month on a record-high yield. Feed

Read Full Article
Grain Markets: Current Corn Price Prospects

Grain Markets: Current Corn Price Prospects

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Oct 30, 2017

December corn futures closed the week ending October 27 at $3.48 per bushel continuing a pattern over the last month of small deviations within a range between $3.45 and $3.55. Additionally, the monthly average price of corn received by U.S.

Read Full Article
Grain Markets: Moving Forward After the Oct. Reports

Grain Markets: Moving Forward After the Oct. Reports

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Oct 16, 2017

The release of USDA’s October reports created a rally in soybean prices that pushed November soybean futures prices to levels not seen since the end of July. Corn prices saw a much more muted response. The question is will the

Read Full Article
Global Markets: Corn – Competition in South Korea’s Feed Market

Global Markets: Corn – Competition in South Korea’s Feed Market

👤From USDA 🕔Oct 13, 2017

South Korea is a price sensitive market for feed grains, basing its buying decisions on the price competitiveness of alternative feeds. South Korea is also one of the world’s largest importers of corn, driven by a consistently robust demand for

Read Full Article
WASDE Coarse Grains: Larger U.S. Corn Production Offsets Increased Usage

WASDE Coarse Grains: Larger U.S. Corn Production Offsets Increased Usage

👤From USDA 🕔Oct 12, 2017

This month’s 2017/18 U.S. corn outlook is for larger production, increased feed and residual use, and nearly unchanged ending stocks. Corn production is forecast at 14.280 billion bushels, up 96 million from last month. Corn supplies are higher, as a

Read Full Article
Grain Markets: Commercials Turn Net Long – DTN

Grain Markets: Commercials Turn Net Long – DTN

👤By Todd Neeley, DTN Staff Reporter 🕔Sep 20, 2017

After USDA disappointed many again with a corn yield estimate of 169.9 bushels per acre, my first thought went directly to commercials, wondering if they would be buying corn as December prices dipped near their August lows. After all, securing

Read Full Article
Grain Markets: Taiwan Goodwill Mission Pledges To Purchase 5 Mln Tons Of U.S. Corn

Grain Markets: Taiwan Goodwill Mission Pledges To Purchase 5 Mln Tons Of U.S. Corn

👤By Melissa Kessler, U.S. Grains Council 🕔Sep 13, 2017

Members of the 2017 Taiwan Agricultural Goodwill Mission pledged Wednesday to purchase 5 million metric tons (197 million bushels) of U.S. corn and 500,000 tons of U.S. distiller’s dried grains with solubles (DDGS) between 2018 and 2019. The commitment was

Read Full Article
Global Markets: Grains – South America Corn Exports Soar

Global Markets: Grains – South America Corn Exports Soar

👤From USDA 🕔Sep 13, 2017

Brazil and Argentina have doubled their share of global corn exports over the past decade and are expected to garner nearly half in 2017/18. Both countries are forecast to have record exports while U.S. exports and market share are expected

Read Full Article