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corn crops

Corn up 20-25 cents, wheat up 15-20 cents, soy up 9-13 cents
Markets

Corn up 20-25 cents, wheat up 15-20 cents, soy up 9-13 cents

  • Wheat futures supported by expectations of increased wheat feeding by livestock and poultry producers due to high price of corn.
  • New contract highs made across the board in soft red winter wheat, hard red winter wheat and MGEX spring wheat futures.
Published 26 Apr, 2021 06:27pm
South Korea's KFA buys estimated 201,000 tonnes corn in tender
Markets

South Korea's KFA buys estimated 201,000 tonnes corn in tender

  • The corn can be sourced optionally from the United States, South America or South Africa.
  • Some 68,000 tonnes was purchased at an estimated $305.31 a tonne c&f for arrival in South Korea around Aug. 25, traders said. Seller was believed to be trading house Cofco.
Published 23 Apr, 2021 04:41pm
Brazil's second corn planting at 86pc of estimated area, below historical average
Markets

Brazil's second corn planting at 86pc of estimated area, below historical average

  • This year, heavy rains delayed the harvesting of Brazil's soy and affected the second corn season in big producing states, raising fears of domestic supply shortages, especially among meatpackers.
  • In a separate report on Monday, consultancy AgRural said drier weather helped farmers reap more of their 2020/2021 soybeans over the past few days.
Published 22 Mar, 2021 08:53pm