Country News
Argentina: The corn and sorghum association Maizar says that country’s corn planted area in 2019/20 will expand by 5-10 percent. The crop will be huge, but demand is seen as scant. (AgriCensus)
Canada: Barley exports for 2018/19 are 14 percent higher than a year ago with 2.14 MMT currently shipped. Agriculture Canada has predicted 3 MMT of barley exports (both feed and malt) for the current marketing year and again in 2019/20. The demand is coming from China and competition is down due to low protein levels in Europe and drought in Australia. (FarmLead)
China: Officials from the Shandong Agriculture and Rural Affairs Bureau warn that the fall army worm will spread deeper into corn production areas of the Province and poses a “major threat” to the region’s harvest this fall. Shandong is the third largest corn producing province (Reuters)
India: The Ministry of Agriculture & Farmers Welfare says that farmers have sown corn on 68.9 percent of the area, which is down 6.3 percent from last year due to the lack of timely monsoon rains. The rains are 35 percent below average and little has fallen in the central, western and northern parts of the country. (Reuters)
Mexico: Farmers are boosting their yields of white corn by growing it on irrigated land. The U.S. still has much higher yield because it grows GE corn and its farms are on average 30 times larger enabling scales of economy. (USDA/ERS)
South Korea: Capitalizing on falling prices, MFG bought 69 KMT of corn and FLC purchased 65 KMT of optional October/November delivery. (AgriCensus)