TagsCorn prices

News: corn prices

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...

Corn prices in Indonesia drop on low demand

Corn prices in Indonesia this month fell to USD 0.23-0.24/kg from USD 0.30 last month. This drop almost nears the lowest level from five...

Bangladesh sees 2% drop in corn production

Bangladesh’s corn production fell 2% to 4.8mt for MY 2022/23. The country is experiencing extreme floods, affecting its crops. As a result, domestic corn...

World corn prices moving up

World corn prices are gaining, with steep losses in production in main exporter countries, says the International Grains Council (IGC). The IGC in its...

India breaks on broken rice: Uncertainty in grain market

Asian feedmillers have always turned to broken rice when corn got too expensive but now this freely available grain comes at a premium. International markets...

USDA lowers Thailand’s corn production forecast

The USDA has lowered its forecast for Thailand’s corn production in MY2022/23 to 5.2mt in anticipation of reduced corn acreage. Expected abundant water supplies...

Bumper crop fails to bring down corn prices in Pakistan

The bumper corn crop in Pakistan this year has not brought down corn prices. Muhammad Athar, Hi-Tech Feeds General Manager, told Asian Agribiz that...

High corn prices create space for Australian barley in Asia

Elevated corn prices are driving demand for Australian barley, says Richard Perkins, General Manager at Market Watch. At the Australia Grains Industry Conference Asia...

Vietnam turns to new price-friendly corn suppliers

High prices and volatile demand are forcing Vietnamese corn traders to look for price-friendly corn suppliers. Traditional suppliers were Argentina and Eastern Europe. From...

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