CBOT corn falls as USDA raises 2017-18 output view.
Rain deficit in Southern India set to aggravate woes of region maize farmers.
Rain deficit in Southern India set to aggravate woes of region maize farmers.
Bumper production makes maize prices crash under MSP in Punjab.
Bumper production makes maize prices crash under MSP in Punjab.
Argentina corn update.
Argentina corn update.
Food Reserve Agency of Zambia to buy 500,00mt of maize.
Food Reserve Agency of Zambia to buy 500,00mt of maize.
WASDE CORN OUTLOOK:
WASDE CORN OUTLOOK:
Kharif crops in peninsular India under moisture stress due to deficit July rains.
Kharif crops in peninsular India under moisture stress due to deficit July rains.
Dairy body to buy 1,300 tn maize via e-auction on 15 July.
Dairy body to buy 1,300 tn maize via e-auction on 15 July.
Corn prices fall despite fears over hot, dry US weather.
Corn prices fall despite fears over hot, dry US weather.
U.S corn condition as of 9th July.
U.S corn condition as of 9th July.
USDA Corn update.
USDA Corn update.
Taiwan is tendering for 65,000 MT of corn, with US as an accepted origin for mid-September to early October shipment.
Taiwan is tendering for 65,000 MT of corn, with US as an accepted origin for mid-September to early October shipment.
USDA will increase 2017/18 corn production 61 mbu to 14.126 billion bushels on Wednesday on higher acres.
USDA will increase 2017/18 corn production 61 mbu to 14.126 billion bushels on Wednesday on higher acres.
Zambian grain traders are expected to sell off 0.38 MMT of white maize to East African countries in a deal worth US$100 million.
Zambian grain traders are expected to sell off 0.38 MMT of white maize to East African countries in a deal worth US$100 million.
Excessive rain damages maize crop on 40,000 acres in Punjab.
Excessive rain damages maize crop on 40,000 acres in Punjab.
Zimbabwe maize subsidy adds $118 million to mounting debt.
Zimbabwe maize subsidy adds $118 million to mounting debt.
NCDEX maize up 1% on fall in acreage, poor rains.
NCDEX maize up 1% on fall in acreage, poor rains.
India Maize prices rise in Purnea as stocks decline.
Prices of maize in Purnea, Bihar rose as stocks with farmers are declining. The premium quality crop and the low-end variety both prices up 20-30 rupees from previous close. The stock of rabi maize is declining and supplies have also been hit by recent heavy showers. Demand from Telangana, Maharashtra, Madhya Pradesh and Andhra Pradesh also supported the prices.
Mexico May Sales were $1.04 billion, down 6.7 percent from a year earlier.
U.S. corn shipments to Mexico are faltering and the country is no longer the biggest importer, a sign that trade tensions are driving it into the arms of other suppliers. Sales to Mexico through May were $1.04 billion, down 6.7 percent from a year earlier, the U.S. Department of Agriculture said in a monthly update. That contrasts with the 32 percent increase for the overall value of U.S. corn exports in the period, during which the average dollar value of the commodity was little changed. Japan boosted its purchases 53 percent to $1.19 billion to become the largest importer of American corn.
India maize up on low supply.
Supplies fell in the benchmark market of Purnea in Bihar, the largest producer of rabi maize in the country, as most farmers have already sold their crops, and the remaining supplies were being hit by rains. In Purnea, prices rose by 10-15 rupees. The most active August maize contract also ended higher on the NCDEX due to low supply in spot markets and firm demand. The contract ended up 0.4% from the previous close.