ZMP Grains News-Cockpit

ZMP Cockpit – News Summary

Corn prices are recovering

The week for the wheat courses on the Matif started with a red sign. Above all, the better weather outlook ensured that prices fell and earnings were not as bad as initially feared. The publication of the USDA quarterly report caused an upswing in Paris on Wednesday. However, the upward trend was short-lived, so prices fell again on today's trading day. Shortly before the end of the last...
  • small EU harvest
  • reduced US acreage
  • Drought in Argentina
  • Drought in many growing regions
  • Harvest pressure USA
  • Euro / dollar ratio
  • global supply outlook
  • cooling global economy

ZMP Market Analyses

  • US acreage lower - market prices rise to a higher level

    USDA: Acreage Significantly Lower - High Inventories - Rising Market Prices The acreage survey by the US Department of Agriculture (USDA) as of July 1, 2020 delivered a surprising result. Compared to the cultivation intentions as of March 1, 2020, US farmers have restricted corn cultivation by 5.4%. This would mean that, with...

  • DBV only estimates grain harvest at 42.6 million tons

    German farmers 'association estimates grain harvest in 2020 again lower At the end of June 2020, the German farmers' association (DBV) only estimates the German grain harvest at approx. 42.6 million tons . The forecast is 3.7% below the weak previous year and significantly below the multi-year...

  • IGC again estimates the world grain harvest somewhat higher at the end of June

    IGC rates global grain supply even higher - stock market prices are inconsistent In its June edition, the International Grains Council (IGC) again estimated that global grain production in 2020/21 was 2.8% higher at 2,237 million tons compared to the previous...

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