Corn Market

WORLD: Inauguration of Donald Trump From 10/01 to 17/01, the March delivery price in Chicago rose by $2/t to stand at $187/t. After a particularly bullish USDA report for maize in January, the upward momentum was maintained last week by major purchases by funds, which regained their largest net buying position since May 2022. However,… Read more »

WORLD: US maize at its highest since June From 03/01 to 10/01, the March delivery in Chicago rose by $8/t to $185/t. A particularly bullish USDA monthly report for maize was responsible for this sharp rise last week. In its January report for the current season, the USDA revised US yields down by 2.3 q/ha… Read more »

WORLD: US maize at its highest since June From 27/12 to 03/01, the March delivery price in Chicago fell by $2 per tonne to $177 per tonne. US producers traditionally step up their sales at the start of the year, and funds take their profits after a year-end marked by a return above the $4.5/bushel… Read more »

WORLD: World and US stocks down From 06/12 to 13/12, the March delivery price in Chicago rose by $1/t to $174/t. US maize confirmed its upward trend after a USDA report revised US and world stocks downwards. This led US maize prices to come up against resistance at $176/t ($4.5/bushel) despite an increase in the… Read more »

WORLD: More maize than expected in South America? From 29/11 to 06/12, the March delivery price in Chicago rose by $3/t to stand at $173/t. Maize was once again buoyed by buoyant demand, ahead of the USDA’s monthly report due out on Tuesday. US stocks should be reduced as a result. US production will not… Read more »

WORLD: Donald Trump’s victory From 01/11 to 08/11, the December delivery price in Chicago rose by $7/t to stand at $170/t. Like other commodity and financial markets, traders are hailing Donald Trump’s victory, and in particular his programme of deregulation and tax cuts. Against this backdrop, non-commercial funds have become net buyers again, for the… Read more »