US hide trading slows as strong dollar deters international buyers
Hide buyer interest in the US waned significantly after sellers countered bids, leading to limited market activity to close...
Corn
US corn sales for 2024/25 were reported at 1.66 million tonnes in the week to January 16, up by 62% from the previous week and up by 68% from the prior four-week average, landing within the US Department of Agriculture’s expected range of 700,000-1.7 million tonnes, USDA data showed on Friday January 24.
Much of the increase came from South Korea (462,100 tonnes), Taiwan (277,500 tonnes), Japan (249,500 tonnes), Mexico (237,600 tonnes) and Spain (205,100 tonnes).
These gains were partly offset...