MED-Amin network
9.5K views | +1 today
Follow
MED-Amin network
(Mediterranean Agricultural Information Network) Fostering cooperation and experience sharing among the national information systems on agricultural (cereals) markets in the Mediterranean. The network of 13 countries is coordinated by CIHEAM, and more specifically by its Mediterranean Agronomic Institute (MAI) of Montpellier.
Curated by CIHEAM News
Your new post is loading...
Your new post is loading...
Scooped by CIHEAM News
Scoop.it!

Iran’s corn need key as Brazil’s export, import flow up-ended

Iran’s corn need key as Brazil’s export, import flow up-ended | MED-Amin network | Scoop.it

By AgriCensus, 20/02/2019 - Brazil’s position as one of the few exporters prepared to run the gamut of US sanctions and supply corn to Iran is helping to upend the country’s export dynamics, as geopolitics, trade fears and economics sees southern states exchange Brazilian corn for Argentine imports.

“The crazy thing is that ports in the states of Rio Grande do Sul and Santa Catarina are exporting corn this month – this is not normal at all,” one market source told Agricensus.

The news comes as the same states – which are home to a significant chunk of Brazil’s livestock sector – have imported corn from Argentina in recent days, in a move that often reflects Brazil’s high domestic prices and poor internal supply logistics.

“The state of Santa Catarina normally buys some corn from Argentina and Paraguay because those countries are close, because Santa Catarina needs more corn than it is able to grow and because it’s cheaper to buy corn from those countries,” Agrural’s Daniele Siqueira told Agricensus.

Which is where geopolitics kicks in – Iran has been increasingly reliant upon Brazilian corn supply since US president Donald Trump re-imposed sanctions on the country in December 2018...

No comment yet.
Scooped by CIHEAM News
Scoop.it!

IGC raises forecast for 2018/19 world corn crop

IGC raises forecast for 2018/19 world corn crop | MED-Amin network | Scoop.it

CNBC, 23 August 2018

The International Grains Council on Thursday raised its forecast for world corn/maize production in the 2018/ 19 season, largely driven by an improved crop outlook in the United States. The inter-governmental body, in a monthly update, put world corn production in 2018/19 at 1.064 billion tonnes, up 12 million from its previous projection, partly due to more optimistic forecasts for the US corn.The annual Pro Farmer Midwest Crop Tour has just projected above average corn yields in several states including Illinois, Nebraska, South Dakota, Indiana and Ohio.

No comment yet.
Scooped by CIHEAM News
Scoop.it!

Les stocks mondiaux de maïs doublent après recensement agricole en Chine

Les stocks mondiaux de maïs doublent après recensement agricole en Chine | MED-Amin network | Scoop.it

Par AFP, 09/11/2018

Le ministère américain de l'Agriculture (USDA) a révisé jeudi ses prévisions mondiales de production de céréales et d'oléagineux à la lumière d'une mise à jour des données sur l'agriculture chinoise qui double les stocks de maïs.

Le bureau chinois des statistiques « s'est rendu compte qu'il manquait 7 millions d'hectares de maïs chaque année, ce qui représente 50 millions de tonnes de maïs en plus sur les 5 dernières années ». Du coup « cela a fait remonter les stocks de report en Chine de 150 millions de tonnes, ce qui est énorme car ça fait doubler les stocks mondiaux », à 307,5 millions de tonnes, explique Alexandre Boy, analyste en chef au cabinet Agritel à l'AFP. « Mais les Chinois n'exportent pas de maïs, donc cela n'aura aucun impact sur le marché mondial », ajoute Alexandre Boy. La prévision de production mondiale de maïs est aussi revue à la hausse, à 1,1 milliard de tonnes.

No comment yet.