Tridge summary
Algeria is seeking to purchase 40,000 tons of feed barley for delivery in April, while Argentina has lowered its corn harvest estimate by 1 million tonnes due to drought. Brazil's second-harvest corn is behind schedule, which could impact yields. China's pork industry is facing concerns due to African Swine Fever and slow feed production, leading to higher corn prices. In the EU, barley crops are growing well, but imports from the UK have decreased significantly. Kenya has developed GMO corn resistant to stem moths, which could double the country's corn crop. Ukraine has exported 14.9 million tons of corn to date, with stable prices. Meanwhile, South Korea, Taiwan, and Tunisia are looking to purchase corn and barley for various delivery periods. Russia and Africa are experiencing changes in export duties, leading to shifts in corn and barley trade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
20.03.2021 Algeria: The National Plant Growing Authority has announced a tender for the supply of 40,000 tons of feed barley with delivery in April. (AgriCensus) Algeria Argentina: The Buenos Aires grain exchange has lowered its corn harvest estimate by 1 million tonnes to 45 million tonnes due to drought. Rains this week have reduced drought damage in the pampas farm belt. (Reuters; Refinitiv) Argentina Brazil: Second-harvest corn is now 77 percent up from 89 percent a year ago, and the rest will be sown outside the perfect window. CONAB estimates that the total corn harvest for the year will be 108.069 million tonnes after reducing the estimate of the first crop by 8.6 percent and raising the estimate of the large second crop by 10.3 percent. However, very slow sowing of the second crop indicates that compared to similar years, such as 2009 and 2011, yields may suffer. Agriculture Minister Teresa Christina Diaz acknowledges that limited corn supplies are a concern for meat ...
Source: Agriagency
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