Corn market 408 WORLD: World and US stocks down From 06/12 to 13/12, the March delivery price in Chicago rose by $1/t to $174/t. US maize confirmed its upward trend after a USDA report revised US and world stocks downwards. This led US maize prices to come up against resistance at $176/t ($4.5/bushel) despite an increase in the… Read more » Download
Corn market 407 WORLD: More maize than expected in South America? From 29/11 to 06/12, the March delivery price in Chicago rose by $3/t to stand at $173/t. Maize was once again buoyed by buoyant demand, ahead of the USDA’s monthly report due out on Tuesday. US stocks should be reduced as a result. US production will not… Read more » Download
Corn market 406 WORLD: Donald Trump’s victory From 01/11 to 08/11, the December delivery price in Chicago rose by $7/t to stand at $170/t. Like other commodity and financial markets, traders are hailing Donald Trump’s victory, and in particular his programme of deregulation and tax cuts. Against this backdrop, non-commercial funds have become net buyers again, for the… Read more » Download
Corn market 405 WORLD: Waiting for US election results From 10/25 to 11/01, the December delivery price in Chicago remained relatively stable at $163/t. Lower oil prices put pressure on prices at the start of the week, before they recovered on the back of further export sales. The market remains very cautious ahead of the US elections on… Read more » Download
Corn market 404 WORLD: Near-record export sales in the United States From 18/10 to 25/10, the December delivery price in Chicago rose by $4/t to $163/t. US maize wiped out its loss of the previous week thanks to extremely buoyant export sales, which countered the downward trend linked to the rapidly advancing harvest. The gap with upcoming maturities… Read more » Download
Corn market 403 WORLD: Harvest puts pressure on US maize From 11/10 to 18/10, the December delivery price in Chicago fell by $4/t to $159/t. U.S. maize is again losing ground as non-commercial funds strengthen their short positions in the context of a rapid harvest and the return of rains in South America. However, good export performances enabled… Read more » Download