Corn and Soybean n°4/2014: market dynamics

The U.S. Department of Agriculture, in the WASDE report of April 2014, shows an increase in the expected U.S. Corn exports (+3.17 Mio t) and Soybean exports (+1.36 Mio t). The projected global demand for Corn is increasing, and for China Soybean imports have already exceeded the previous marketing-year record.

Corn production is expected to increase in Brazil and in South Africa, thanks to the favorable climatic conditions of the last two months.

Global Soybean production forecasts show a slight decrease, compared to March estimates, due to lower yields in Brazil and India. However, the expected production is still a  record (284 Mio t, +6 % compared to 2012-13, +19% compared to 2011-12).

According to Agrimoney, Argentina’s Wheat exports will double next season, as elevated prices encourage farmers to return to the grain.

 

Report n°4 (April 2014) about prices, production and global trade prospects for 2013-14 season.
MAIS-SOIA-APR-2014-EN.pdf (696 kB)
Corn & Soybeans - April 2014: Report about prices, production and global trade prospects for 2013-14 season.

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Elisabetta Viari

With a degree in Computer Science with specialization in IT for Management Level, she belongs to the CLAL.it Team. The CLAL.it Team is composed of young people who, with the help of Computer Science, study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the Italian and international market trends.

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Posted in Brazil, Corn, Soy, United States

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