Tag: corn

USGC partners with Kenyan feed manufacturers to build corn and feed markets

USGC partners with Kenyan feed manufacturers to build corn and feed markets

August 25, 2019 |

In Washington, D.C., the U.S. Grains Council is partnering with the Kenyan feed industry and signed a memorandum of understanding with the Association of Kenya Feed Manufacturers, known as AKEFEMA, pledging to work together to develop the domestic feed industry there. AKEFEMA represents more than 140 of Kenya’s registered feed manufacturing companies. Through the new […]

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Floods and rain saw 11.2 million acres of corn go unplanted this year

Floods and rain saw 11.2 million acres of corn go unplanted this year

August 14, 2019 |

In Washington, Farms.com reports that Farm Service Agency’s Crop Acreage Data Report data shows 11.2 million acres of land planned for corn this season went unplanted due to rain and flooding. Soybeans also suffered from the weather, losing 4.35 million acres. Despite the drop in corn numbers, analysts still expect corn prices to remain low […]

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POET plans to shift corn supplies between deficit and surplus regions during tight season

POET plans to shift corn supplies between deficit and surplus regions during tight season

June 27, 2019 |

In Iowa, POET told local press that it has a strategy in place to battle the likely shortfall of corn in Iowa and Indiana this season by shifting corn supplies among its 27 facilities across the Midwest where corn has been 100% or nearly 100% planted on schedule. The company also highlighted that though this […]

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Vietnamese ethanol producing testing out US corn as feedstock

Vietnamese ethanol producing testing out US corn as feedstock

June 24, 2019 |

In Vietnam, the country’s sole ethanol producer is preparing to test U.S. corn as a feedstock with a hammer mill purchased during a mission to the United States in June. The mission is one part of the U.S. Grains Council’s (USGC’s) efforts to support Vietnamese government and industry members as they work to increase ethanol […]

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US looking to import Latin American corn for ethanol feedstock

US looking to import Latin American corn for ethanol feedstock

June 18, 2019 |

In Brazil, the CEO of the Renewable Fuels Association told Reuters that due to the wet Midwestern weather that has negatively impacted corn planting and pushed corn prices to five-year highs that US ethanol producers are looking to import Brazilian corn for feedstock. Though he said he hadn’t heard of actual trades yet, Agroconsult said […]

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Chicago Argo ethanol prices reach 20-month high as rain keeps farmers from planting corn

Chicago Argo ethanol prices reach 20-month high as rain keeps farmers from planting corn

June 3, 2019 |

In Illinois, Platts reports that Chicago Argo ethanol prices rose to $1.5295/gal on Thursday, the highest seen in 20 months, and 18.20 cents higher since May 23. On May 28, the fuel rose 9 cents a gallon in a single day. With wet weather in the Midwest keeping farmers from planting corn, corn prices have […]

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U.S. Grains Council supports WTO Rrport finding China misused corn TRQ

U.S. Grains Council supports WTO Rrport finding China misused corn TRQ

April 28, 2019 |

In Washington, D.C. the U.S. Grains Council strongly supports a decision made by the World Trade Organization’s Dispute Settlement Body determining China administered its tariff-rate quotas for wheat, corn and rice inconsistently with its WTO requirements. The report found that China’s TRQ administration is not transparent, predictable or fair and that it ultimately inhibits TRQs […]

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New study says corn production leads to 4,300 premature deaths from environmental damage

New study says corn production leads to 4,300 premature deaths from environmental damage

April 1, 2019 |

In Minnesota, a new study establishes that environmental damage caused by corn production results in 4,300 premature deaths annually in the United States, representing a monetized cost of $39 billion. The paper, published in the peer-reviewed journal Nature Sustainability, presents how researchers have estimated for the first time the health damages caused by corn production […]

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Easing of US-China trade war could see DDGS and corn demand jump

Easing of US-China trade war could see DDGS and corn demand jump

February 25, 2019 |

In China, Bloomberg reports that negotiations between the US and China to break the deadlock on the trade war could soon see results with an elimination of anti-dumping and anti-subsidy tariffs on DDGS that could go a long way towards easing the trade balance sheet for corn that has suffered significantly from the dispute. President […]

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Ethanol crush margins fall further into negative territory

Ethanol crush margins fall further into negative territory

January 29, 2019 |

In Texas, Platts reports that crush margins of corn-based ethanol in the US continues to be in negative territory, estimating a loss of 9.63 cents for every gallon produced. That’s 77 cents lower than a week prior. Ethanol production has been going in a seesaw movement in recent weeks, dropping and increasing from one week […]

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