Farmers kept busy trying to keep kernels dry
Adverse weather conditions with frequent showers have delayed drying. Many growers were not able to meet their appointed delivery dates with the TMO as the kernels were simply not ready in time. Although around 80,000 mt were registered with the TMO two weeks ago, which stirred some panic as traders reckoned that these volumes were too high, tables have now turned. At present this volume has dropped to 42,000 mt as many farmers have not registered new appointments with the TMO, which has only received 3,000 mt so far.