Country News
Afghanistan: Helmand province corn production is 16.5 percent greater this year due to better seed and farmer training. (Pajhwok Afghan News)
Argentina: The Buenos Aires Grain Exchange raised its estimate for corn production by 1 MMT to 50 MMT. Upriver basis has softened, making way for exports and BCR says a record volume of corn was exported in the 2018/19 season. (Reuters)
Brazil: About 10-15 percent of the soy area is behind in being harvested and moisture is needed in some areas for the second crop corn. Meat production and exports will create a strong demand for corn this year. (Reuters; AgriCensus)
Jordan: MIT paid $198/MT CFR Aqaba for barley delivered in July. (AgriCensus)
South Africa: The maize harvest for 2020 is estimated to be 29 percent larger than a year ago due to good weather conditions. CEC expects 14.4 MMT of corn production. The locust situation in nearby countries should make for a strong export season. (Reuters; AgrCensus)
South Korea: The coronavirus has not slowed corn buying as 1.4 MMT was purchased with some coming from the U.S.; NOFI bought 138 KMT of corn for June/July delivery; another 67 KMT was purchased from South American in a private deal. (Refinitiv; AgriCensus)
Tunisia: ODC purchased 75 KMT of barley for delivery in April. (AgriCensus)
Ukraine: State weather forecaster Tetyana Adamenko says the 2020 grain crop is expected to be good based on weather conditions. Corn exports were 14 percent higher last week. (Refinitiv; AgriCesus)