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Stephen Nicholson - 3 Caroline Stauffer - 2 Shannon Stapleton - 1 Steve Pitstick - 1 Pitstick - 1 Bill Roenigk - 1 Harold Wolle - 1 Wolle - 1
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3 mentions found


☆ Analysis: Bumper US corn harvest sinks prices, pushes global supply to surplus
  + stars: | 2023-10-19 | by ( Mark Weinraub | ) www.reuters.com   time to read: +5 min
A bumper harvest will strain storage capacity and hold down prices of the world's most traded commodity crop. Already corn prices are trending near three-year lows at a time when some food prices are rising due to tight supplies of other staples like rice, stoking inflation worries. Just 16 months ago corn prices were at their highest in a decade as the war in Ukraine disrupted supplies from the Black Sea breadbasket. USDA forecast that domestic corn supplies would jump 55% to 2.111 billion bushels in the 2023/24 marketing year, helping push the global stockpile to a five-year high by September 2024. Some growers need to take out loans to fund their operations as they wait and hope corn prices will rise.
Persons: Shannon Stapleton, Steve Pitstick, Pitstick, Stephen Nicholson, Bill Roenigk, Harold Wolle, Wolle, Tom Polansek, Caroline Stauffer, David Gregorio Our Organizations: REUTERS, U.S . Agriculture Department, Brazil, Rabobank, Corn, Maine Foods, U.S, Growers, Thomson Locations: Kelley , Iowa, U.S, PARK , Illinois, Chicago, Illinois, Ukraine, Cal
☆ Analysis: Decades of US corn export dominance fade as Brazil seizes top supplier crown
  + stars: | 2023-07-07 | by ( Karl Plume | Thomson Reuters | Chicago-Based Senior Commodities Correspondent Covering Agricultural Markets | ) www.reuters.com   time to read: +5 min
Brazilian corn exports are expected to flood the global marketplace beginning in July and into the U.S. autumn harvest. China's overall corn imports are down about 10% this year, according to customs data, as buyers there await ample supplies of cheap Brazilian corn in the coming months. Total U.S. corn export sales in April and May were the lowest in at least 22 years, according to weekly USDA export sales data. The period included three weeks in which more purchases were canceled than booked, and the two worst weeks of U.S. corn exports on record. Rapid growth in Brazilian corn production offset loss of much of the corn exports from Ukraine since Russia’s invasion.
Persons: Yahir, Stephen Nicholson, Richard Guebert, They're, Nicholson, Matthew Roberts, Brazil's, We're, Karl Plume, Caroline Stauffer, Marguerita Choy Organizations: REUTERS, Rabobank, . Department of Agriculture, Gulf, Total U.S, Thomson Locations: Brazil, Tuxpan, Veracruz, Mexico, China, Illinois, U.S, Ukraine, United States, BRAZIL, Gulf Coast, Chicago
☆ Expect wheat prices to 'spike again' if Black Sea grain deal is not renewed in July: Strategist
  + stars: | 2023-06-13 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect wheat prices to 'spike again' if Black Sea grain deal is not renewed in July: StrategistStephen Nicholson of RaboResearch Food and Agriculture explains the impact the Kakhovka Dam collapse, and the Black Sea grain deal has on global wheat prices.
Persons: Stephen Nicholson Organizations: RaboResearch Food, Agriculture
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