Weekly Cotton Market Review – USDA Jul 10, 2020

🕔Jul 10, 2020
Average spot quotations were 235 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color […]

Global Markets: Oilseeds – Corn Oil Trade Falls with Increased Competition, Tighter U.S. Supplies Jul 10, 2020

🕔Jul 10, 2020
Global corn oil trade, after peaking in 2016, has declined one-third to less than 600,000 tons in 2019. Much of this decline is in response to lower exports by the […]

Global Markets: Corn – Prices in China Run High Jul 10, 2020

🕔Jul 10, 2020
Ongoing recovery in feed use combined with tighter-than-anticipated stocks in China’s temporary reserves have driven the national average corn price5 to its highest level since March 2018. Trade sources reported […]

Global Markets: Rice – Thai Exports Contract, But Rebound Expected Next Year Jul 10, 2020

🕔Jul 10, 2020
Thai rice exports in 2020 are forecast to decline to their lowest levels since 2013 due to severe drought that has tightened supplies and raised prices. The drought was the […]

Global Markets: Wheat – Philippine Imports Surge While Duties Implemented on Turkish Flour Jul 10, 2020

🕔Jul 10, 2020
The Philippines is currently the world’s third largest wheat importer, with demand for wheat flour and milling wheat nearly doubling in the last decade. Its expanding population, coupled with increasing […]

Global Markets: Cotton – State Reserve Impacts China Import Demand Jul 10, 2020

🕔Jul 10, 2020
For most cotton spinning countries, import demand is largely driven by the supply gap between production and consumption. However, China has been an outlier. The country’s trade has shown little […]

USDA: Peanut Price Highlights Jul 10, 2020

🕔Jul 10, 2020
Peanut prices received by farmers for all farmer stock peanuts averaged 21.0 cents per pound for the week ending July 4, up 0.3 cent from the previous week. Marketings of […]

WASDE Cotton: Reduced U.S. Production, Exports, Stocks Jul 10, 2020

🕔Jul 10, 2020
The U.S. 2020/21 cotton projections show lower production, exports, and stocks compared with last month. Beginning stocks are 200,000 bales lower due to higher 2019/20 exports, but exports in 2020/21 […]

WASDE Oilseeds: Domestic Soybean Production Increased Jul 10, 2020

🕔Jul 10, 2020
U.S. oilseed production for 2020/21 is projected at 122.8 million tons, down 0.4 million from last month, with increases for soybeans and peanuts offset with reductions for canola, sunflowerseed, and […]

WASDE Rice: Record High U.S. Imports Jul 10, 2020

🕔Jul 10, 2020
The outlook for both 2019/20 and 2020/21 U.S. rice is for increased supplies, higher domestic use, and lower exports while ending stocks are reduced for 2019/20 and increased for 2020/21. […]

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