Farmers in Zimbabwe continue to be unhappy with the government's set purchase price for local corn that is said to be about $30/MT lower than the cost of production.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The Turkish government has authorized the state grain board, TMO, to import a total of 4.2 MMT of grain, duty-free, in order to counterbalance expected crop shortages resulting from the severe drought in parts of the country. TMO will hold tenders for the import of a maximum 2.5 MMT of wheat, 1 MMT of barley, 500,000 MT of corn and 200,000 MT of rice. It is expected to tender for the imports later in 2014, and local traders anticipate that September/October will be the most likely import time.In a move that will raise...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
