In Brazil corn harvesting process is completed by 57% 21.03.2014 ProAgro Currently, in Brazil, summer corn harvesting is by 57% already completed, which is 9% more than at the same time a season earlier. This was reported by the authoritative Brazilian analytical agency Safras e Mercado.
106 thousand ha of spring crops was sowed in Ukraine 13.03.2014 anyfoodanyfeed In Ukraine, as of March 11, spring crops were sowed on 106 thousand ha. This was informed during briefing on Tuesday by the Minister of Agrarian Policy and Food, Igor Shvaika.
During 2014/15 season global wheat production is out to decline - FAO 13.03.2014 APK-inform In their latest report FAO analysts forecast that in 2014/15 MY world wheat production (including durum wheat) will be 704 million tons, which is inferior to a record high number of the previous season - 716.2 million tons.
Projection of global corn production in 2013/14 MY is increased due to EU and China - USDA 13.03.2014 APK-inform According to the updated forecast of USDA analysts, during 2013/14 season, volumes of corn production will reach 967.52 million tons, 0.89 million tons more than previously expected by the experts, and considerably higher than last year’s results.
China: import of corn type MIR162 may be allowed in the current year already 07.03.2014 APK-inform According to the market operators, China continues to consider the possibility to allow supply of GM corn, MIR162 type, into the country. Per country’s officials, this type of crop may be approved for import as soon as in the first half of the current year.
Ukraine’s grain export reached 23.2 million tons 07.03.2014 ProAgro As of March 3, 2014, since the beginning of 2013/14MY (July-June), there was 24.7 million tons of grains and legumes exported from Ukraine (as of February 24 - 23.9 million tons), which is 26.8% more than on the same date last year.
In March-June 2014, Ukraine may export 8.7 million tons of grain 07.03.2014 ProAgro As of March 3, 2014 there are more 28 million tons of grains available in stock on the domestic market; that includes wheat - 9.6 million tons, barley - 3.8 million tons, corn - 13.5 million tons. This was reported by the press service of the Ministry of Agrarian Policy and Food.
In 2014, Rabobank reduced its corn price forecast; yet, increased for soybeans 28.02.2014 ProAgro In February 2014, Rabobank experts, exports of a reputable investment bank, lowered its forecast for world wheat prices in 2014. This was due to a significant increase of world’s crop stocks, which is expected by experts of the Bank. In the meantime Bank has increased price forecast for soybeans.
Ukraine will have to replant 6-10% of winter crops – Ukrgidromettsentr 28.02.2014 ProAgro In the spring 2014, Ukrainian farmers will have to replant about 6-10% of the area under winter crops. According to UNIAN, said Mr. Mykola Kulbida, director of Ukrainian Hydrometeorological Center, at a press briefing on Monday.
Since the beginning of 2013/14MY, Ukraine exported nearly 24 million tons of grains- Ministry of Agrarian Policy 28.02.2014 APK-inform Since the beginning of 2013/14 MY and as of February 24, Ukraine exported 23.9 million tons of grains, which is by 36.7% more than in the same period last season. According to the press service of the Ministry of Agrarian Policy and Food of Ukraine.