Corn Market

WORLD: Slight decline in US acreage From 13/06 to 20/06, the September delivery price in Chicago fell by $5.5/t to $162.5/t. US prices continued to fall amid easing geopolitical tensions in the Middle East, continued favourable weather conditions in the Corn Belt and prospects for a record harvest in Brazil. Contrary to operators’ expectations, the… Read more »

WORLD: Favourable weather in the Corn Belt From 13/06 to 20/06, the July delivery in Chicago fell by £5.5/t to £169.5/t. US prices broke through the $4.30/bushel support level dating back to October 2024 under pressure from continued favourable weather in the Corn Belt. The USDA acreage report due out on Monday 30 June could… Read more »

WORLD: Competitiveness of American maize in Asia From 30/05 to 06/06, the July delivery price in Chicago remained relatively stable at $175/t. Traders will focus on the release of the USDA’s monthly report on Thursday. As of 8 June, planting was almost complete in the United States and 87% of maize had emerged, which is… Read more »

WORLD: Start of the safrinha maize harvest in Brazil From 23/05 to 30/05, the July delivery price in Chicago fell by $7/t to $175/t. The downward trend resumed in Chicago, erasing the technical rebound of the previous week, despite difficult conditions for US maize. Non-commercial funds continue to increase their short positions in an uncertain… Read more »

WORLD: Technical rebound in Chicago From 16/05 to 23/05, the July delivery price in Chicago lost $6/t to settle at $182/t, hitting resistance at $4.6/bushel. Maize prices in Chicago benefited from the depreciation of the dollar and a technical rebound linked to buybacks by non-commercial funds due to weather concerns about wheat production in the… Read more »

WORLD: Rapid US planting puts pressure on prices From 09/05 to 16/05, the July delivery price in Chicago fell by $2/t to $175/t, breaking the $4.5/bushel support level ($177/t). Despite a bullish USDA report for the current marketing year and a lighter-than-expected report for 2025/26, prices have come under pressure from rapid planting in the… Read more »