Country News
Argentina: Corn is currently the preferred crop to sell by farmers and now that the government has interceded in a strike by tugboat workers, grain exporters may get busy again. The strike was adversely impacting the Rosario ports hub, through which 80 percent of the nation’s grain exports move. (Reuters; AgriCensus)
Brazil: The country’s November corn exports are now forecast at 5.44 MMT, up from earlier estimates of 4.8 MMT. (ITC)
France: France AgriMer raised its forecast of the country’s 2020/21 barley ending stocks to 1.2 MMT from 1.0 MMT in the prior month’s forecast. (ITC)
Saudi Arabia: The state grain buyer SAGO secured 730,000 MT of feed barley at an average price of $234.83/MT, most of which is expected to come from Australia or the Black Sea. (Zawya)
South Korea: The Korea Feed Association secured 66,000 MT of feed corn in a tender that closed on Tuesday with prices reported to be $242.70/MT CNF. (ITC)
Thailand: The country’s animal feed mill association, TFMA, tendered for 162,000 MT of feed wheat and 123,700 MT of feed barley but made no purchases. (ITC)
Ukraine: GM corn plantings were up 50% this year from the prior year. The country’s corn is 82% harvested with yields slowly improving as combines finish the most productive areas. (AgriCensus)