Coronavirus Pandemic Drives Maize Prices down

Coronavirus Pandemic Drives Maize Prices down

A significant share of the U.S. maize production goes to the ethanol industry. However, ethanol prices are closely linked to petrol prices, which are currently plummeting. The sharp decline of fuel demand brought about by the Covid-19 has therefore resulted in a fall of maize prices.

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Maize Production Watch

At the end of March, France’s 2020 maize production programme was estimated up 16 percent compared to the previous year. The increase is also expected in the main EU countries competing on the maize market, as well as in the non-EU member countries, where the trend is clearly upwards. See the detailed estimates.

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Promoting Maize and Sorghum Seeds in Europe

A large number of Ukrainian and Kazakh ag professionals have participated in recent agriculture trade shows, where the FNPSMS has carried out promotion activities regarding European seed genetics.

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Maize: Short Cycle, but Huge Potential

Agriculture owes half of its progress to practices developed by the farmers themselves, but also to their variety choices. The crop’s huge potential, as enabled by the genetic progress, originates in the specific characteristics of maize, a plant with a particularly efficient biochemical system.

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Maize and sorghum european promotion

In 2020, the F.N.P.S.M.S continues to promote maize and sorghum plants to European agricultural professionals.

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Spring Plantings Up: Maize and Its Attractiveness to the European Farmers

Despite the uncertain world price context, maize planting intentions are clearly up in the spring of 2020 compared to one year ago. The innovative hybrids and their inherent genetic progress make maize a competitive option for the farmers, as plantings encountered significant difficulties last winter.

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REGION-ADAPTED EARLINESS TRAITS

Corn hybrid research has helped to widen the range of earliness options and improve plant performance. Thus early corn hybrids have become more and more productive and adapted to every region.

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Maize – an Alternative to Winter Crops

Recent weather conditions have impacted winter rapeseed and cereal crop establishment, compelling growers to turn to spring crops. Included among their options of is maize – a plant that can present many benefits in the proper environment.

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World maize prices remain under pressure

Maize areas are expected up or have already increased in the main exporting countries, as well as in the EU, in 2019/20. Certain factors may cause price volatility but world maize use remains dynamic.

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EU seed observatory: stocks trend down

The F.N.P.S.M.S (the French National Federation of Maize and Sorghum Seed Production) has published its observatory report on maize seed stocks (seed bag numbers). According to this data, the stock decline is confirmed at the end of the 2019 marketing year, against the background of a dynamic EU maize market. Furthermore, in the light of the challenging 2019 production conditions and ongoing market developments, a new stock decrease may be expected at the end of June 2020.

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