An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...
Tags: Corn Demand, US Gulf Coast
Southeast Asian ethanol producers face a short window for exporting biofuel to the Philippines as the previously high US prices that created an arbitrage for them in February and March are expected to fall, ethanol traders said Monday. ...
Tags: Ethanol, ethanol prices
February production of corn-based ethanol in the US lowered by 125.01 million gallons, or 10.76%, to an 11-month low of 1.04 billion gallons, US Environmental Protection Agency data showed Friday. The drop in ethanol production was ...
Tags: Chemicals, corn-based ethanol
US corn planting will total 93.5M acres this year while soybean seeding is pegged at 78M acres, the Department of Agriculture said in its baseline projections report today. Some traders dismissed the report because it's "way overplayed" ...
Tags: USDA, total 93.5M
Gloomy Crop Prices Forecasted by Economist Joe Glauber at USDA Outlook Forum By Farms.com Team At the opening session of today's USDA Outlook Forum in Arlington, Va., Joe Glauber, USDA's chief economist, presented the lower grain price ...
Gloomy Crop Prices Forecasted by Economist Joe Glauber at USDA Outlook Forum By Farms.com Team At the opening session of today's USDA Outlook Forum in Arlington, Va., Joe Glauber, USDA's chief economist, presented the lower grain price ...
Tags: Gloomy Grain, Food
A 20% drop in the price of distiller dried grains, or DDG, after top consumer China turned away two shipments that may contain unapproved genetically modified corn strains are "clearly a negative" for US ethanol producers which rely on the ...
China's rejection of US corn that contains an unapproved genetically modified strain is unlikely to cause major price fluctuations in the domestic or US markets, analysts said. Quarantine authorities in four provinces have rejected 12 ...
Tags: US corn, genetically modified strain, price fluctuations
In a matter of just three weeks the futures market has gone from being one of the cheapest suppliers to becoming one of the best buyers! On November 22, when spot December entered the notice period, it traded as low as 73.79 and closed that ...
Tags: futures market, Textile
US corn and soybean oil futures on the Chicago Board of Trade and RIN prices were trending lower Friday morning amid reports that the US Environmental Protection Agency would lower its biofuels blending requirements for 2014. December ...
Tags: Corn, Soybean Oil
Asian grain prices are expected to be higher in the next few days as investors take leads from late plantings in the US, one of the world's largest exporters, trade participants said. The most active wheat futures for July delivery on ...
Tags: US Plantings, Asian Grain Price
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
The US government has again cut its forecast for corn yields as the impact of the worst drought in the country for 50 years becomes clearer. Washington said the US corn yield is set to be the lowest since 1995-96, sending futures to a ...
Tags: US government, corn yields, drought, food industry
Commodities giant Archer Daniels Midland has said it is continuing to increase its investment outside the US in light of the country's drought pushing corn prices up. ADM COO Juan Luciano told analysts yesterday (31 July) the company has ...
Tags: Archer Daniels Midland, investment, corn price, food industry
UK food ingredients group Tate & Lyle plc has said its first-half profits remained flat year-on-year, with growth expected to pick up in the second half. "Overall, we expect to report adjusted operating profit for the group for the first ...
Tags: food, bulk ingredients, liquid sweeteners, ethanol, corn crops