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Total trade year (TY) 2019/20 wheat exports were down four percent despite a significant increase during the second half of the year.
Rice export prices remain unchanged.
The forecast for China’s corn imports for Marketing Year (MY) 2020/2021 is increased from 7 million metric tons (MMT) to 22 MMT.
On September 21, 2020, the Government of India raised the minimum support prices (MSP) for the select upcoming rabi (winter-planted) crops, including wheat.
At just over 299 MMT, the total MY2020/21 EU grain crop is nearly 450,000 MT higher than the previous forecast, with a near 2 MMT lowering of corn production more than offset by higher mixed grain...
Due to relatively attractive local corn prices, progressive exports and favorable weather forecasts, South Africa is entertaining a positive outlook for the 2020/21 MY’s corn plantings.
The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...