Corn Market

WORLD: Increased competitiveness of Brazilian maize From 29/08 to 05/09, the September delivery price in Chicago fell by £1.5/t to £164.5/t. In a week shortened by Labour Day, this decline was due to profit-taking. Funds are continuing to buy back short positions that have been in place for three weeks due to very strong export… Read more »

WORLD: Over 400 million tonnes of maize in the United States! From 22/08 to 29/08, the September delivery price in Chicago rose by £3.5/t to £166/t. This increase is linked to technical purchases by funds at the end of the month and quarter and to the remarkable performance of US maize exports. The US market… Read more »

WORLD: Towards a new customs shock? From 27 June to 4 July, the September delivery price in Chicago rose by $3/t to $165.5/t. In a week shortened by the national holiday, traders returned to buying after the significant declines of recent weeks. The upward trend is likely to run out of steam quickly given the… Read more »

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 »