Imports and Exports
Weekly Export Inspections Report highlights.
Cases claim the company caused losses by marketing MIR162 before Chinese approval
Black Sea crops are enjoying near-perfect conditions and Europe is holding its breath for a decision from Russia regarding its export taxes. Odds increasingly favor their removal.
South Africa is aggressively seeking new markets for its grains in the Middle East and Asia. This year’s corn crop shrank due to drought and transportation infrastructure needs improvement but the nation places high value on trade as a route to for food security.
Japan Cuts Feed-Wheat Purchasing Plan as Demand Shifts to Corn
Spring planting will not be business as usual in Ukraine. The loss of acreage there may well open the door to more U.S. exports. This is a first-hand account from a Ukrainian ag journalist.
The country has rejected over 1.2 million tons of U.S. corn cargoes since last year because they contain MIR 162.
Corn fell from the highest price since August as demand dropped for shipments from the U.S. and an industry group raised its global production forecast.
See all of the report data, coverage and analysis of USDA’s March 31 Prospective Plantings and Grain Stocks reports.