CEPM Corn Market n°196 WORLD: acreage decrease in Argentina From 15/11 to 22/11, the December deadline in Chicago lost $ 1 / T to reach $ 145 / T. Weekly demand figures are deemed insufficient by analysts to reach the USDA’s projections, even if ethanol stocks are at their lowest for 2019, and if the 788 Kt exported last… Read more » Download
CEPM Corn Market n°195 WORLD : stalled talks between China and the United States From 8 to 15 November, the December deadline lost $ 2.4 / T in Chicago to reach $ 146 / T. Despite the decline in ethanol stocks, which lost 4% between 1st and 8 November, the harvest pressure is lowering US prices. As of 10… Read more » Download
CEPM Corn Market n°194 WORLD : Prices down despite USDA report From 01/11 to 08/11, the December deadline lost $ 4.7 / T in Chicago to reach $ 148.5 / T. This is due to a more lenient weather, favouring harvesting activites, and disappointing demand figures. Daily production of ethanol remains 54K barrels/day below production figures at the same… Read more » Download
CEPM Corn Market n°193 WORLD : weather slows US harvest From 25 October to 1st November, the December deadline in Chicago gained $ 4.6 / t to reach $ 153 / t. This increase was caused by weather conditions. A new cold wave hit the latest maize, while rain and snow delayed harvests this weekend. As of 27/10, 41%… Read more » Download
CEPM Corn Market n°192 WORLD : Political change in Argentina From 18/10 to 25/10, Chicago prices for the December deadline have lost $ 1.7 / t to reach $ 152 / t. Weekly exports and ethanol production figures are disappointing. Indeed, ethanol production, while it is increasing, remains under the million barrels per day threshold for the 5th week… Read more » Download
CEPM Corn market n°191 WORLD : Harvesting difficulties in the United States From 11/10 to 18/10, Chicago lost $ 2.6 / T on the December deadline, to stand at $ 154 / T. This is due to disappointing weekly export figures. Similarly, ethanol production is largely down due to negative margins. From 1st September to 17 October, only 14.5… Read more » Download