Country News
Argentina: The Buenos Aires Grain Exchange says the corn harvest is 90.1 percent complete. Corn sales by farmers slowed following the election shock but the Rosario Board of Trade says export registrations are surging as the peso declines in value and the trade fears foreign exchange issues. Grain trade organizations have called for a rapid elimination of grain export taxes. (AgriCensus)
Brazil: Corn exporters are seeing increased competition from Ukraine. Offsetting competition in global markets is a forecast for domestic corn-based ethanol production at 1.4 billion liters. (AgriCensus; USDA)
China: The corn auction clearance rate fell to a three-month low and corn and sorghum imports were canceled. (AgriCensus)
EU: French corn conditions are stable but except for barley, weekly grain exports have slowed. (AgriCensus)
India: The government lowered its estimate for corn production this year. (AgriCensus)
Mexico: Buyers purchased 328 KMY of corn for delivery in the 2019/20 marketing year. (USDA)
Saudi Arabia: The government grain purchasing agency SAGO issued a tender to purchase 780 KMT of feed barley. Delivery is for October to December. (Reuters)
South Korea: MFG paid $199/MT in a private purchase of corn. KFA purchased 63 KMT of corn from CJ International. KOCOPIA paid $16/MT less as it purchased 60 KMT of corn. (AgriCensus)
Ukraine: With the harvest boosting supplies, barley exports are running strong. (AgriCensus)
Zambia: Government Information Minister Dora Siliya blamed price distortion by unscrupulous and greedy retailers for the record high and rising price for corn meal.