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The MY2018/19 rice and corn production forecast remains unchanged as the acreage that has shifted from off-season rice to corn cultivation is far below the government’s target.
Quotations are not available this week due to the New Year’s holiday.
Overall MY2018/19 corn quality in North East China is rated as better-than-average due to higher-than-average test weights, lower moisture content and relatively low levels of aflatoxin.
The MY 2018/19 corn production estimate has been revised downward due to lower harvested area, while rice production is expected to be higher than previously estimated due to greater harvested area.
The Government of Ethiopia (GOE) floated an international competitive tender to purchase 400,000 metric tons of milling wheat. Bids were due on January 31.
Rice export prices increased around 2 percent due to the strengthening Thai Baht.
Corn prices have steadily risen reflecting overall tightness in feed-quality corn supplies, despite official reports of greater supplies, and weaker demand associated with the spread....
On November 16, 2018, China’s National Development and Reform Commission (NDRC) announced that it will lower its 2019 Minimum Support Price (MSP) for procurement purchases of domestic wheat....
Due to unfavorable weather conditions, Post estimates a 14 percent drop in commercial corn area planted for the 2018/19 MY in South Africa.
This report contains an unofficial translation of Law No. 2005-95 of October 18, 2005 on Animal Husbandry and Animal Products.
Rice export prices declined 1 percent as reduced domestic prices offset the stronger Thai baht.
Now in the 14th year of the U.S.-Morocco FTA, this report contains an unofficial translation of Moroccan Customs Circular N° 5888/222, issued December 28, 2018.