Corn manufacturing down in EU, Ukraine and Russia
15 August 2024
1 minute learn
World corn manufacturing is forecast down this month with discounts for the Ecu Union, Russia, Serbia, Ukraine, and Moldova greater than offsetting an build up for the USA, in line with a USDA FAS marketplace document on international grains.
World business is forecast down as decrease exports for Ukraine, Serbia, Russia, South Africa, the Ecu Union, and Paraguay greater than offset an build up for the USA.
World imports are forecast down as decreased forecasts for Iran, Vietnam, Chile, Egypt, and Nepal greater than offset a carry to India.
The United States season-average farm value is down 10 cents to $4.20 in keeping with bushel.