Corn Market

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 »

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 »

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 »

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 »

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 »

WORLD : Towards an agreement between China and the US? Between 4/10 and 11/10, prices gained $ 5 / T in Chicago to reach $ 156.5 / T for the December maturity. This week was marked by high volatility. First, the USDA’s monthly report drove prices down by slightly raising US yields, when a drop… Read more »