Country News
Argentina: Nearly half the 2021/22 corn crop has been harvested. (BAGE)
Brazil: AgRural says almost a third of the safrinha corn crop has been harvested. The consultancy Safras and Mercado reduced its estimate of the 2021/22 corn crop to 117.2 MMT. The area planted to corn in 2022/23 will expand by 3.6 percent to 22.5 million hectares; production is forecast at 120 MMT and exports up 2 MMT to 46.5 MMT. More corn could be exported to China based on a recent SPS agreement. Conab pegged 2021/22 corn exports at 37.5 MMT and imports at 1.7 MMT as the second crop production estimate was raised slightly. (FAS GAIN; Reuters; AgriCensus)
Cambodia: Prices for the pumpkin-hued cultivar known as red corn are rising as China is now a destination along with the usual marketing in Thailand. The feed crop was fetching $0.18/kg ($180/MT) as the harvest reached 30 percent. (Phenom Penh Post)
Canada: Oat planted area is up over 16 percent to 4 million acres, but barley planted area is down 15.1 percent to 7 million acres. The area planted to corn is up 4.1 percent to 3.6 million acres. (Stats Canada)
EU: MY 2021/22 barley exports are down 6 percent from a year ago but corn exports at 16.4 MMT are up 7.9 percent. (DG-Agri)
Philippines: A buyer is back in the market seeking barley and sorghum for October/December arrival. (AgriCensus)
South Korea: MFG bought 130 KMT of corn at $322.49/MT and KFA purchased 58 KMT of corn for October delivery at $343.49/MT. (AgriCensus)