The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
Tag Archives kazakhstan

IGC trims global corn crop forecast as South America outlook cut

Kazakhstan wheat crop set to rebound in 2024/25
Wheat production in the central Asia country of Kazakhstan is expected to bounce back in 2024/25 according to the United States Department of Agriculture attaché in the capital of Astana.

Less wheat expected in Kazakhstan in 2023-24, despite same acres
Soil moisture loss expected in wheat-growing regions
MarketsFarm — As the 2022-23 crop year in Kazakhstan begins to wind down, the U.S. Department of Agriculture (USDA) attaché in the country’s capital of Astana estimated its wheat production […] Read more

Price drop not enough to lift demand for Canadian flax
Russia, Kazakhstan competitive in export markets
MarketsFarm — While flax prices in Western Canada have fallen by at least half from what they were one year ago, they are still too high to be competitive on […] Read more

McDonald’s reported set to exit Kazakhstan on Russia war spillover
Reuters — McDonald’s Corp. is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies, Bloomberg News reported […] Read more

Highs may be in on flax as attention turns to new crop
MarketsFarm — The highs may be in for flaxseed bids in Western Canada, with end-users covered for the time being as attention turns to the 2022 crop. “(Canadian flax) is […] Read more

Tax, competition expected to prolong Russian wheat export season
Tax complicates forward sales for exporters
Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow […] Read more

Drought-hit Kazakhstan’s wheat supplies bolstered by high stocks, Russian imports
Reuters – Kazakhstan’s high stocks of wheat and imports of the grain from Russia will support supplies this season, analysts said, after drought in parts of the Central Asian nation […] Read more

U.S. grains: Wheat climbs on deteriorating crop conditions
Corn rises as U.S. crop rating misses consensus
Chicago | Reuters — Chicago wheat futures climbed on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat. Chicago corn gained, as a […] Read more

Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease
Country's domestic acreage expected up in 2021
MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it […] Read more