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Near-Record U.S. Corn Exports in 2017/18

16.07.2018 11:45 "Agro Perspectiva" (Kyiv) According to the report of the USDA «Grain:World Markets and Trade» (July 2018), mple supplies, combined with a continued lack of competition and continued strong foreign demand, have brightened export prospects in the second-half of 2017/18 (October-September). This month, exports are forecast at 61.0 million tons, which if realized, would be the second-largest in history. The previous record was 61.8 million set in 1979/80. Exports by key competitors, mainly Brazil, Argentina, and to a lesser extent Ukraine, have been slower than anticipated. Brazils slower pace is attributed to the current market dynamics which favor shipping soybeans over corn, a modest decline in secondcrop area, and below-normal rainfall in major producing regions. With strong demand overseas, soybeans get priority access to transportation and export channels. For Argentina, the impact of hot and dry weather in February 2018 on corn prices has diminished its competitiveness against U.S. corn. The recent depreciation of the peso could boost its ability to compete with U.S. corn, but the shipping pace reflected in the weekly port loadings has remained slow. With relatively higher prices for Ukraine corn, many importing countries have turned to U.S. corn. U.S. corn exports for March through May were exceptional with larger volumes to traditional markets (Mexico, Colombia, Japan, and Korea) as well as second-tier markets (Vietnam, Spain, Egypt and other North African countries). Monthly inspection data indicates strong shipments for June. In addition, outstanding sales at the end of June were at a record with sales to many countries up year-over-year, suggesting strong shipments for the rest of the year. The strength in exports, however, is currently forecast to diminish year-over-year in 2018/19, as both importing and exporting countries adjust to trade dynamics.

Agro Perspectiva

< This year Lithuanian grains crop to be down 13% All news for
16.07.2018
Chinas 2018/19 Soybean Import Forecast Curbed On Higher Import Tariff for U.S. Soybeans >

19.10.2018  
23:06 Belarus sugar export dropped to 263,000 tons
22:41 Korean mission to estimate Ukrainian domestic poultry health State control system started working
22:13 Zgurivskiy sugar plant to process 200,000 tons sugar beets
21:04 Georgian 2018-season grapes crop record high
20:57 Almost 1 mln ha agricultural lands transferred to united territorial communities
18.10.2018  
23:44 EBRD to launch Ukrainian EUR70-80 mln bioenergy program
22:11 Myronivskiy Khliboprodukt Q3/18 chicken meat sales up 19%
21:42 Novomyrgorodskiy Sugar Ltd starts new output season
19:31 Harvesting 2018: agrarians threshed over 15 million tons maize
17:43 Ternopil region sugar output 75,000 tons
17.10.2018  
23:04 Ukrzaliznytsia: Domestic agribusiness transportation needs are fully ensured
22:51 Ukrainian alcohol beverage producers fined for label misinformation
21:14 Ukrainian this year wheat crop down 6.2%
21:02 Brazil shipped 11 sugar vessels to CIS countries
19:11 UN: World population to grow another 2.2 milliard
16.10.2018  
23:11 Ukrainian 2018 agricultural products output index up 2%
22:17 Chinese mission to estimate Ukrainian domestic poultry health State control system completed its work
21:53 Ukrainian Sept sugar export down 2 times
21:08 Experts: Ukrainian agrarians State support 2018 program implemented just by 12%
19:11 FAO: Rural residents are themselves to decide to leave or to stay
15.10.2018  
23:47 Ukrainian small gardeners have to leave their apples unharvested
23:29 Nibulon to invest US19 mln into Zaporizhia region river terminal
19:04 Gov regulated domestic veterinary medicines output licensing procedure
16:11 This year Jan-Sept Ukrainian raw milk output down 2%
14:49 UN Chief: On their epic journeys, migratory birds connect nations and inspire people
12.10.2018  
23:18 Belarus agrarians harvested over half total sugar beets
23:12 Belarusian foods will be presented at Israfood within Tel Aviv
22:09 Polish farmers have lost US$1 milliard due to drought
21:41 Chinese mission to estimate Ukrainian domestic poultry health State control system
19:11 Ukrsadprom: Raspberry trucks border checkups illegal
15:10 U.S. Corn Exports Forecast to Tie Record
11.10.2018  
23:29 Vinnytsia region sugar output 110,000 tons
23:18 Harvesting 2018: agrarians threshed almost 47 million tons grains
22:44 Ukrainian raw milk output down
21:03 Ukrainian eggs output up 3.1%
19:11 Kharkiv region sugar output to reach 80,000 tons
10.10.2018  
23:11 Vinnytsia region sugar output over 100,000 tons
22:18 Belarus agrarians harvested over 2 million tons sugar beets
21:47 IMF expects average annual UAH exchange rate to devaluate to UAH 28.655/US$1 within 2019
21:09 Agrarian Ministry admits domestic agricultural sector average monthly salary growth
19:11 Ukraine, UK developing certificates for mutual foods trade
15:25 Cargill reports fiscal 2019 first-quarter results
09.10.2018  
23:18 2018 autumn sowing: agrarians have sown winter grains/leguminous crops at almost 80% total areas
18:28 Ivano-Frankivsk region agrarians to harvest 70,000 tons sugar beets
15:12 TAIEX mission assessing agricultural/forestry machinery conformity took place
14:39 Rivne region agrarians harvested over 180,000 tons sugar beets
14:25 ROSTOK-HOLDING under Raider Attacks
10:13 India interested to import Ukrainian apples
08.10.2018  
21:18 Gnidavskiy Sugar Plant puts German filter presses into operation
19:59 Volodymyr Lapa: IT technologies is future of agricultural sector and State management

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