Country News
Argentina: Port workers ended their indefinite strike, easing strains on farmers seeking to deliver corn. The maritime workers have agreed to compulsory conciliation of their claims for higher wages. (Reuters; AgriCensus)
Brazil: Agribusiness consultancy Agroconsult raised its estimate of the 2018/19 corn crop by 2 MMT to 100.4 MMT. The increase was prompted after field research revealed an even better second crop. Meanwhile, corn exports in May were a record as they neared 1 MMT. (Reuters; AgriCensus)
China: Beijing has advised the use of 25 different pesticides after finding fall army worms in 18 provinces. The corn auction saw sales down 10 percent as demand dropped in Heilongjiang. (Reuters; AgriCensus)
India: The state-run trading company MMTC has postponed its GMO-free corn tender for a fourth time, now slating it for 12 June. (Reuters)
Turkey: The government grain board Toprak Mahsulleri Ofisi tendered for 100 KMT of corn with June/July shipping. (AgriCensus)
Zimbabwe: A tender for corn marks the largest corn imports in three years. (Bloomberg)