Corn Market

WORLD: China resumes purchasing From 13/03 to 20/03, the Chicago May maturity price fell by $8.7/t to reach $135/t. The volatility of the last few weeks continues, with US prices torn between the problems of the ethanol industry and Chinese purchases. In fact, demand for maize for ethanol production is declining. As a reminder, ethanol… Read more »

WORLD: High volatility of world prices Global price volatility continues this week as the coronavirus outbreak continues to spread, disrupting the world’s major economies by slowing trade and economic activity. D.Trump has declared a state of emergency in the United States and the Fed is stepping up its action by lowering its rates and announcing… Read more »

WORLD : High volatility of world prices From 28/02 to 06/03, the May maturity gained $3 /t in Chicago to stand at $148 /t. This is hiding a high volatility of prices due to the coronavirus epidemic. The Fed lowered rates last week and should announce new actions this week to support the markets and… Read more »

WORLD : Coronavirus driving prices down The spread of the coronavirus epidemic outside Asia last week has led to a sharp decline in global markets. Maize prices in Chicago were no exception to this dynamic and fell by $5/ton between 21/02 and 28/02. The Chicago May deadline is at $145 per ton. Weekly export sales… Read more »

WORLD: Projection on the rise for American acreages From 14/02 to 21/02, the Chicago March deadline prices fell by $1/t to reach $148.4/t. Export inspection figures are at their best since the beginning of the crop year with 795 Kt, but ethanol stocks continue to increase, 24.8 million barrels to date, with production remaining at… Read more »

WORLD : Towards a high level of South American production From 07/02 to 14/02, the March deadline lost $2.3 /t in Chicago due to the lack of support from the February USDA report and weekly export figures falling below 1 Mt. The American balance sheet remained unchanged, with the USDA lowering its export estimate by… Read more »