Country News
Brazil: The 11-day truckers strike has had ongoing adverse impacts on Brazil’s corn exports. Traders are “unable to accurately set prices in contracts without reliable estimates of transportation costs.” The result is that about one-third of the safrinha crop of corn remains unsold and a lack of on-farm storage is forcing tough choices. (FAS GAIN)
EU: Corn and other spring crops in north-central Europe remain in the crosshairs of warm and dry weather over the next 6-10 days, but potentially beneficial weather in France may more than offset risks to the east (Reuters)
Saudi Arabia: The Saudi Arabia Grains Organization purchased 1.74 MMT of feed barley. (AgriCensus)
South Africa: Concerns about excessive carryover stocks have abated due to new corn sales to Vietnam. (AgriCensus)
South Korea: The Korean Feed Association purchased about 60 KMT of optional origin corn in a tender. (Reuters)
Turkey: The state grain board (TMO) issued a tender to purchase 25 KMT of feed barley for shipment to the port of Famagusta in northern Cyprus. (Reuters)
Ukraine: Corn sellers are carefully watching new crop corn difficulties at the same time they look for any buying interest from China. (AgriCensus)