Country News
Brazil: BRF CEO Pedro Faria says he is buying up strategic supplies of corn for the world’s largest poultry exporter after earlier experiencing shortages. (Reuters)
Brazil: CONAB is auctioning 50,000 MT of corn in Mato Grosso today (September 15) to the livestock industry and has a total stockpile of 500,000 MT that can be used to limit domestic prices. (Bloomberg)
Saudi Arabia: Corn imports have been reduced because avian influenza has caused a 25 percent mortality rate in the poultry industry. Meanwhile, the FAO forecasts that Saudi Arabian imports in 2016/17 will include 9.7 MMT of barley and 3.5 MMT of corn. (WPI)
Ukraine: Approximately 400,000 MT of barley was exported in early September to Saudi Arabia, UAE and Libya. Additionally, 8,000 MT of corn was exported to the EU. (UkrAgroConsult)