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Corn producers in Brazil can't afford to fail as global corn supplies hit a decade low this year. This is reported by Reuters. Brazilian corn stocks are declining ahead of the new season, which starts March 1. And sowing of the second corn crop, which accounts for nearly 80% of the country's annual corn production,

South Africa will remain a net exporter of corn in marketing year 2024-25 despite challenging weather that has lowered the forecast for planted area to 3 million hectares with production of 16 million tonnes, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. In its Jan. 22 report,

HIGHLIGHTS Black Sea corn prices hit highest in nearly two years Spread narrowing between feed wheat and corn in destination markets Limited supply from farmers