CEPM Corn Market n°217 WORLD : Global stock build-up From 24/04 to 01/05, the Chicago July delivery price dropped $1.7/t to reach $125/t. Despite a rebound linked to oil prices and the drop in ethanol stocks (-1.4 million barrels last week), US prices fell again at the end of the week. This is due to the good sowing conditions,… Read more » Download
CEPM Corn Market n°216 WORLD: U.S. ethanol production stabilizes From 17/04 to 24/04, the Chicago May delivery price fell by $2.5 /t to $124/t. After reaching their lowest levels since September 2009 in the middle of the week, U.S. prices recovered over the weekend, mainly on technical considerations. U.S. planting is under way without major difficulties for the moment…. Read more » Download
CEPM Corn Market n°215 WORLD : Oil prices fall again From 13/04 to 17/04, the May delivery in Chicago lost $4.7/t to reach $126/t. The week was marked by a new drop in oil prices, with the barrel is now trading at $18. The production reduction agreement between the main producing countries is not of sufficient magnitude to cope… Read more » Download
CEPM Corn Market n°214 WORLD: Steady prices in Chicago From 03/04 to 13/04, prices for the May maturity in Chicago remained relatively stable. Indeed, although ethanol production is still in great difficulty with a 36% fall in March, the dynamics of exports (1.8 Mt sold for export last week) and the production reduction agreement of the oil-producing countries (OPEC+)… Read more » Download
CEPM Corn Market n°213 WORLD: Strong planting intentions in the United States From 27 March to 3rd April, prices for the May maturity fell by $6/t to reach $130/t. In spite of an increase in export competitiveness, good weekly export figures (1.1 Mt) and the announcement of a new maize sale to China (567 Kt including 63 Kt in… Read more » Download