Global: Brief news of the feed grain market

Published 2021년 5월 17일

Tridge summary

The Rosario grain exchange reports that low water levels in the Parana River are causing delays and reroutes in corn exports in Argentina. In Brazil, the second maize crop in Paraná is in poor condition, leading AgRural to lower its harvest estimate to 69.6 million tonnes from 75.1 million tonnes last year. Meanwhile, China's National Grain and Oils Information Center predicts a rise in corn acreage and production in 2021, but expects corn imports to drop. In the EU, FranceAgriMer anticipates a 10% decrease in corn acreage in 2021, and in South Africa, sorghum production is projected to decline over the next decade as farmers shift to more profitable crops.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

17.05.2021 Argentina: Rosario grain exchange reports that due to the low water level in the Parana River, some corn exports are delayed or moved to the country's Atlantic ports. (Reuters) Argentina: The Rosario grain exchange reports that due to low water levels in the Parana River, some corn exports are delayed or moved to the country's Atlantic ports. (Reuters) Argentina Brazil: According to the State Secretariat for Agriculture and Supply, the share of the second crop of maize (saffron), which is considered to be in good condition, in the state of Paraná has fallen to 25 percent. The harvest in Paran decreased by 8.5 percent to 12.23 million tons. The minister noted that the quality of corn in Paran dropped to 25 percent (the rating is good), compared to 92 percent a month ago. AgRural has lowered its estimate of Brazil's total second maize harvest to 69.6 million tonnes from 75.1 million tonnes reached in 2020. CONAB says the second corn crop will be 79.7 million tonnes. ...

Source: Agriagency