Country News
Argentina: The Buenos Aires Grain Exchange says that recent rains increased the share of the corn crop rated good/excellent to 32 percent as of 26 January, versus 22 percent the week before. The Rosario Grains Exchange (BCR) has reduced its estimate of the corn crop to 48 MMT, versus 52 MMT in output last year. (SPGlobal; AgriCensus)
Brazil: Deral says the Paraná corn harvest is now 14 percent complete. IMEA says corn storage may be an issue in Mato Grosso. (AgriCensus)
Iran: State agency SLAL purchased 60 KMT of barley for February-March delivery. (AgriCensus)
Myanmar: The trade is wondering how the civil war will impact what was projected to be 1.8 MMT of corn exports this marketing year. (AgriCensus)
Russia: The government reduced the export tax on corn but increased the tariff on barley. It also banned the export of ammonium nitrate, potentially impacting producers elsewhere. (AgriCensus)
Tunisia: State agency TMO tendered for barley on the price drop with a March-April delivery. (AgriCensus)
Turkey: State grain trader TMO tendered for 325 KMT of corn for February-March delivery. (AgriCensus)
Ukraine: The trade is still assessing the impact of Russia’s threatened invasion on the world’s third largest corn exporting nation. (AgriCensus)