TagsCorn prices

News: corn prices

Government asked to absorb corn as supply improves

Corn prices in Indonesia have dropped significantly to USD 0.20-0.33/kg from USD 0.51-57 as harvesting has started, thus improving supply. However, the government plans...

Indonesia’s corn prices to soften in March-April

Indonesia’s National Food Agency expects local corn prices to soften in the March-April harvest season. The agency estimated around 1.9mt of corn (with 14%...

Corn prices continue to rise in Indonesia

A shortage is causing corn prices in Indonesia to soar. Last week, prices rose from USD 0.53/kg to a record USD 0.70. A source...

India’s corn exports drop, unable to compete with Brazil

A surge in Indian corn prices has severely impacted exports, with traders anticipating relief only after September, reports Reuters. India, which usually exports around...

Corn and egg prices moving in opposite directions

Layer farmers in Indonesia are facing challenges as corn prices are skyrocketing while egg prices are declining. In Bali, for example, farmers with less...

Imports not helping to reduce local corn price

Indonesia imported 171,000 tons of feed corn in November-December to stabilize local corn prices for poultry farmers. However, corn producer Dean Novel said the...

Better days as feed ingredient prices contract

Some good news for animal protein producers, feed costs are dropping, thanks mainly to corn prices dropping with improved global supplies. In its Global Poultry...

Feed prices may ease further as corn and soybean prices fall

In some good news for feed producers, global corn and soybean prices are expected to trend downwards, easing pressure on costs. The latest USDA oilseed...

Soybean, corn prices dropping, will normalize in 2023/24

Soybean and corn prices are declining and expected to remain down in 2023/24, said the USDA’s May Wasde report. The agency projected record production and...

Corn production trending up in India

Firm corn prices since MY2021/22 have prompted Indian farmers to plant more. The USDA forecasts production in 2022/23 at 34.6mt, a 3% increase yoy....

High corn prices push Asian buyers to alternatives

High corn prices in 2022 led Asian buyers towards alternatives. Liz Thang of S&P Global Platts said the Philippines has signed an MoU with...

Global corn prices see no reprieve

Global corn prices remain high as supply continues to be tight. The USDA lowered its global production forecast due to lower US, Argentina, and...

Thailand’s corn production to shrink

The USDA expects corn production in Thailand at 5.2mt in MY2022/23, down 2% yoy, in anticipation of reduced off-season corn acreage. Corn prices averaged...

High corn prices allow for more wheat substitution

As global corn supply tightens, Asian buyers are going to find feed wheat more affordable in 2023, say analysis from S&P Global. “Platts CFR Northeast...

Thailand procures corn seeds for Sri Lanka

Thailand has supported the procurement of corn seeds for Sri Lanka to meet shortages in the latter’s animal feed industry. Thailand and the UN...

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