Country News
Argentina: The country’s barley production area is smaller this year and the spread between malting quality and feed is so great that farmers will be patient in hopes of earning the malt premium. (WPI)
Brazil: Corn export commitments were raised to 9.65 MMT, up 0.465 MMT from last month, but remaining 9.19 MMT lower than last year. (MDIFT)
China: Despite feed imports of possibly 20 MMT, two state-owned companies have been given authority to export up to 2 MMT of corn. (Reuters)
Ukraine: Feed wheat is being offered at $160/MT for November, which is at parity with corn and thus it still holds an advantage to feed millers. Meanwhile, Mariupol Port is being expanded, adding 2 MMT in capacity by 2019. (Various; Bloomberg)