• SENSEX  
    ( -0.99%)
  • USDINR  
    ( 0.20%)
  • GOLD  
    ( 0.08%)
  • Pre Session Commentary - Detailed News

USDA Raises Mexico Corn Production Estimates For MY 2018/19
23-Jul-19   08:51 Hrs IST

As per the latest update from United States Department of Agriculture (usda), the total corn production estimate of Mexico for MY2018/19 (October to September) is revised upward to 26.85 million metric tons (MMT), on more complete data from SADER. Corn output increased due to higher than expected harvested area and favorable weather conditions. In the case of the 2018/19 fall/winter crop, growers and governmental sources estimate that yields per hectare benefited from favorable weather conditions, including increased precipitation and irrigation supplies in the states of Sinaloa and Sonora. It is also important to note that Sinaloa farmers planted 488,500 hectares (ha) of corn in the 2018/19 fall /winter crop cycle, approximately eight percent higher than initial planting intentions. Similarly, producers in Sonora planted 58,000 ha of corn, more than double initial estimates. According to private sources, the average yield in those states is estimated at 11 MT/ha, but there were cases of farmers obtaining more than 12 ha/MT.

The import estimate for MY 2018/19 is revised downward to 17.2 MMT based on expectations of higher than estimated growth in domestic corn production. Export estimates for MY 2018/19 are revised downward to 600,000 MT based on data from private sources and SADER for the first eight months of this marketing year.

Powered by Commodity Insights

Useful Links

Back to Top
Attention Investors
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.............issued in the interest of investors. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account                                    "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Investors should be cautious of unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.BSE   http://www.bseindia.com/investors/tip-off-registration.aspx?expandable  NSE   https://www.nseindia.com/int_invest/dynacontent/any_portal.htm
All payments to Stock Broker shall be received from the market intermediaries/participants strictly by account payee crossed cheques / demand drafts or by way of direct credit into the bank account through electronic fund transfer, or any other mode permitted by the Reserve Bank of India. Stock Brokers shall not accept cash from their clients either directly or by way of cash deposit to the Bank Account of Stock Broker.
Group Companies Members of : BSE, NSE, MCX, MCX.SX, CDSL, NCDEX, Broking Services, Depository Services, Portfolio Management Services, Member Area IPO Distribution, Insurance Broking
BSE Clearing No.: 911 | SEBI Regn. No.: INZ000177531 (Cash/F&O) | NSE Clearing No.: 11858 | SEBI Regn. No. INZ000177531 (Cash/F&O/CDs) | MCX-SX Clearing No.: 11400 | SEBI Regn. No.: INZ000177531 (CDs) | CDSL DP ID: 30300 | SEBI Regn. No.: IN-DPCDSL-210-2003 | MCX SEBI Reg No.: INZ000032336 | MCX: 10665 | NCDEX: 00254 | NBFC RBI Regn. No.: 13.01851
© Copyright 2018 Ajmera Associates Ltd ( ISO 9001:2015 Certified )
Designed, Developed and Powered By CMOTS Infotech ( ISO 9001:2015 Certified )
Open An Account Today !