WORLD: Risk of a banking crisis in the United States From 03/03 to 10/03, prices for the May delivery in Chicago lost $9/t to reach $243/t. This new strong fall is linked to the publication of a USDA report considered bearish by the operators and to the strong worries because of the bank failures in… Read more »
WORLD: Chinese purchases in the US From 27/01 to 03/02, prices for the March delivery in Chicago fell by about $3/t to $266/t. In spite of the good weekly figures of the American demand, the prices in Chicago have slightly decreased. Analysts will be watching closely this week for the release of the USDA’s monthly… Read more »
WORLD: Rainfall in South America From 20/01 to 27/01, prices for the March delivery in Chicago gained about $3/t to stand at $269/t. American maize prices were driven up by good export figures and by positive publications on economic growth in the United States. In the US, export contracts reached 910 Kt last week, at… Read more »
WORLD: Production decline in Argentina From 13/01 to 20/01, prices for the March delivery in Chicago remained relatively stable at around $266/t. After a rise linked to the last USDA report, the American prices lost some ground at the end of the week because of reassuring rains on Argentina. Good US demand figures last week… Read more »
Editorial: The new Civil Dialogue Groups Since the original CAP, the Directorate-General for Agriculture has been organising regular meetings with all stakeholders in the food chain. The ‘Agricultural Advisory Committees’ became ‘Civil Dialogue Groups’ in 2014. The concept is attractive: to bring together all stakeholders, from producers to consumers, around the same table. In 2013,… Read more »
WORLD: Areas down in Argentina Discussions on the Ukrainian maritime corridor were seen as positive. In the US, as of 16/10, 45% of the US corn crop had been harvested compared to an average of 40% at that date (2017-2021). The rains forecast for this week in the central Corn Belt should break the dry… Read more »