Corn Market

WORLD: Rain delays planting in Brazil From 03/02 to 10/02, the prices of the March delivery in Chicago gained a little more than $1/t to be located at $268/t. The week ended in the green thanks to a strong rebound on Friday linked to the renewed tensions in Ukraine. The USDA’s monthly report was considered… Read more »

WORLD: Chinese purchases in the US From 27/01 to 03/02, prices for the March delivery in Chicago fell by about $3/t to $266/t. In spite of the good weekly figures of the American demand, the prices in Chicago have slightly decreased. Analysts will be watching closely this week for the release of the USDA’s monthly… Read more »

WORLD: Rainfall in South America From 20/01 to 27/01, prices for the March delivery in Chicago gained about $3/t to stand at $269/t. American maize prices were driven up by good export figures and by positive publications on economic growth in the United States.  In the US, export contracts reached 910 Kt last week, at… Read more »

WORLD: Production decline in Argentina From 13/01 to 20/01, prices for the March delivery in Chicago remained relatively stable at around $266/t. After a rise linked to the last USDA report, the American prices lost some ground at the end of the week because of reassuring rains on Argentina. Good US demand figures last week… Read more »

WORLD: Bullish USDA report From 06/01 to 13/01, the price of the March delivery in Chicago gained $7/t to stand at $264/t. American prices have thus erased part of their last losses thanks to a bullish monthly report from the USDA for corn. The US market is closed on Monday for Martin Luther King Day…. Read more »

WORLD: Strong volatility in Chicago From 30/12 to 06/01, the price of the March 2023 delivery in Chicago fell by almost $9/t to $257/t. American prices thus gave up most of the gains made at the end of the year. This high volatility is linked to the reopening of the American market on 3 January… Read more »