The world’s two biggest corn exporters are preparing for a showdown, according to Bloomberg. The United States and Brazil are set to square off in competition this growing season over corn exports as Brazil is in the middle of collecting the nation’s biggest corn harvest ever, and U.S. supplies remain plentiful from last years’ record harvest. Bloomberg says those conditions …
Perdue: No Signs Mexico Will Buy South America’s Corn, Soybeans
While in Mexico Friday, U.S. Agriculture Secretary Sonny Perdue said he has no indication that Mexico will buy corn and soybeans from Argentina and Brazil or other countries. Perdue met with counterparts in Mexico to discuss trade and told reporters following the discussion that it was understandable Mexico would make inquiries to other nations, but he sees no signs of …
China Approves More GMO Crops
China’s Ministry of Agriculture announced it has approved two more genetically modified crops for import into the country. A Reuters article says it’s the second move in the past month to expand access to biotech seeds as a part of Beijing’s 100-day trade talks with Washington. The Ministry approved Syngenta’s 5307 insecticide-resistant corn sold under the Agrisure Duricade brand. It …
U.S. DDGS Exports Up 16 Percent To Southeast Asia
U.S. exports of distiller’s dried grains with solubles (DDGS) to Southeast Asia have increased 16 percent so far this marketing year, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC). The Southeast Asian region – which includes Brunei, Cambodia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – currently represents the …
NAFTA Boosted Canada’s Corn Syrup Consumption
A new study claims the North American Free Trade Agreement (NAFTA) has drastically changed the Canadian diet by boosting consumption of high-fructose corn syrup. The peer-reviewed study, published in the Canadian Medical Association Journal, found that as tariffs on high-fructose corn syrup dropped over a four-year period, consumption grew from 21.2 calories of corn syrup per day in 1994 to …
USDA Releases July WASDE, Crop Production Reports
The recent World Agriculture Supply and Demand (WASDE) report by the Department of Agriculture projects corn and soybean farmers will grow more crop than previously anticipated. USDA on Wednesday increased 2017-18 corn production to an estimated 14.255 billion bushels and soybean production to 4.26 billion bushels. Corn production came in slightly above the highest pre-report estimates while soybean production came …
Mexico is No Longer Top Buyer for U.S. Corn
U.S. corn shipments to Mexico have slipped in recent months and Mexico in no longer the number one buyer of American corn. A Bloomberg article says it may be a sign that trade tensions are forcing the country to look elsewhere for corn in case the U.S. is no longer a reliable supplier. Sales through May of this year were …
U.S. Exports to Mexico Stumble
As the Unites States plans to renegotiate the North American Free Trade Agreement with Canada and Mexico, U.S. agricultural exports to Mexico have declined over the first few months of 2017. The Wall Street Journal reports that Mexican imports of U.S. soybean meal dropped 15 percent, the first decline in four years. Meanwhile, chicken exports to Mexico were down 11 …
Producers Invited to Corn Silage and Forage Field Day
Southeast producers are invited to the 2017 Corn Silage and Forage Field Day, June 15 in Tifton, Georgia. The annual event will be held at the University of Georgia, Tifton Campus Conference Center. John Bernard, UGA Extension animal, and dairy scientist said there will be topics discussed that will interest all producers. That includes forage pricing, fertilization, irrigation, and improving …
NCGA Launches Open Innovation Challenge to Find the Next Big Thing for Corn
The National Corn Growers Association (NCGA), along with innovation facilitator NineSigma, announced the launch of a global competition to identify new and innovative uses for field corn as a renewable feedstock for making sustainable chemicals with significant market demand. Growing interest in America’s emerging bio-economy and continued improvements in sustainable corn production underscore the versatility and potential of this crop. …