Corn Market

WORLD: Cancellation of Chinese purchases From 28/01 to 04/02, prices for the March 2022 delivery in Chicago fell by $6/t to $244/t. However, at the end of the week, prices started to rise again. The high volatility continues. Last week saw a further increase in ethanol stocks to 28.9 million barrels, up 10% on the… Read more »

WORLD: Safrinhas maize sowing begins in Brazil From 21/01 to 28/01, the prices of the March 2022 delivery in Chicago gained 8 $/t to reach 251 $/t. This week again, uncertainties, especially in the Black Sea, are boosting prices both for the near future and for the next harvest in Chicago. Volatility remains the order… Read more »

WORLD: Return of volatility From 14/01 to 21/01, prices for the March 2022 delivery in Chicago rose $11/t to $242/t, thus reaching their highest level since the summer. Since the beginning of the year, volatility has been high in Chicago due to the action of non-commercial funds. Because of their large net buying position, they… Read more »

WORLD : Rain returns to South America From 07/01 to 14/01, prices for the March delivery in Chicago lost $1/t to stand at $235/t. However, this relative stability hides a high volatility. The American market is closed on Monday 17/01 because of Martin Luther King Day. Last week was marked by the publication of the… Read more »

WORLD : Heat wave in Argentina From 31/12/2021 to 07/01/2022, prices for the March 2022 delivery in Chicago gained about $5/t to $238/t. Prices in Chicago, after having fallen due to scattered rains over South America, consolidated this week thanks to the fall of the dollar, which is favourable to exports, and due to renewed… Read more »

WORLD : Drought in South America Over the last 15 days of December, the March 2022 delivery gained $4/t to stand at around $235/t. The end of the year was marked by the reinforcement of the drought in the south of Brazil and in Argentina and a volatility linked to the position of the funds… Read more »