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News: corn

Wheat and corn futures slide

Wheat and corn futures on the Chicago Board of Trade slipped this week as Russia agreed to extend the Black Sea Grain Corridor deal....

Philippine corn imports expected to increase

Despite government efforts to boost corn productivity, the Philippines is expected to bring in 800,000 tons of corn this year, the USDA said. This...

Vietnam boosts corn purchase from India on competitive prices

Indian corn, with a discount of USD 25/ton, has beaten corn from other origins in Vietnam. Indian corn cost only USD 310/ton CFR for...

Malaysia to import corn from Gorontalo

Malaysia is interested in importing corn from Indonesia’s Gorontalo province because Gorontalo’s corn is known to have advantages. “Exco Agriculture and Infrastructure of the...

Philippines targets higher corn yield in three years

Philippine livestock and poultry producers have welcomed a new government-led program to boost corn yield by 50% by 2025. The draft program focuses on...

Thai feedmillers shift to corn, broken rice

Thai feedmillers are shifting to local and duty-free imported corn and broken rice due to higher feed wheat prices, said the USDA in a...

Lower freight rates make Indian corn competitive in Africa

India is getting inquiries from Africa for corn exports as freight charges from the sub-continent fall. Indian trade analysts noted that African countries are...

Thailand’s corn imports down 13%

Thailand’s corn imports in the first five months of MY2022/23 reached 200,000 tons, down 13% yoy, the USDA said in a report. Myanmar supplied...

Malaysia trials feed corn cultivation

Malaysia aims to reduce its reliance on feed corn imports by 50% and is trialing corn cultivation in the northern state of Perlis. Agriculture...

Indonesian corn producer to export for the first time

Indonesia’s Datu Nusra Agribisnis (DNA) has joined the ranks of corn exporters, with its first shipment of 2000 tons going to Malaysia in May....

High corn prices impact Asia’s demand

Global factors are creating a tight global corn market and high prices. Combined, they impact demand of the feed grain in Asia. Liz Thang of...

Vietnam looks for cheaper corn on low pig margins

Corn traders in Vietnam are turning toward cheaper corn from Russia, India, Pakistan, and Southeast Asia as demand from the pig industry goes down....

Pakistan loses advantage in SE Asian corn market

Pakistani corn exports to Southeast Asia will decline in 2022/23 as global prices drop from their peak in 2022. In 2021/22, Pakistan benefitted from...

High wheat prices prompt shift to corn in Thailand

Feedmillers in Thailand have shifted to corn for their poultry and swine feed rations due to the high price of imported feed wheat. In...

Feed alternatives, regional supply pick up in Asia

Commodity prices, especially softs like corn and soybean, are expected to contract this year on lower demand and easing shipping rates, says the Economist...

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