Corn Highlights April 03, 2015 April 3, 2015
- Apr 2 - South Korea's KOCOPIA bought 55,000 tons of worldwide origin corn at 203.99 $/t c&f including surcharge for unloading at a second port for August arrival
- Informa Economics estimated Brazilian corn production at 74.7 MMT, up 2.4 MMT from its March estimate. They also raised the 2015 world corn crop 3 MMT by increasing EU and Mexico's crop.
- Bueno's Aires Grain Exchange increased their Argentina corn production estimate to 23 MMT from 22.5 MMT, due to higher than expected yields
- Weekly US corn export sales data for week ended Mar 26 – 431,700 tons, incl. 406,600 tons for 2014/15 vs. expected 400,000-500,000 tons and 25,100 tons for 2015/16 vs. expected 0-200,000 tons