Corn Market

WORLD: Harvest puts pressure on US prices From 13/09 to 20/09, the December delivery price in Chicago fell by $5/t to stand at $158/t. Prices in Chicago once again tested the $4/bushel support against a backdrop of harvest-related price pressure. On 15/09, 9% of maize had been harvested, compared with 6% on average at that… Read more »

WORLD: Harvest begins in the Corn Belt From 06/09 to 13/09, the December delivery price in Chicago gained $3/t to stand at $163/t. Buybacks of short positions by non-commercial funds enabled the consolidation begun at the end of August to continue, despite rather negative fundamentals. The week was marked by the publication of the USDA’s… Read more »

WORLD: Dry weather settles in South America From 30/08 to 06/09, the December delivery price in Chicago rose by $2/t to stand at $160/t. As a result, US maize is back above the technical threshold of $4/bushel, although this remains fragile. The upward momentum ran out of steam at the end of last week after… Read more »

WORLD: American-origin grain interests importers once again From 23/08 to 30/08, the December delivery price in Chicago gained $4/t, reaching $158/t. This is due to short covering by funds in a context where international buyers are renewing their interest in American origin. Thus, American maize breaks a streak of four consecutive weeks of decline, which… Read more »

WORLD: Stable US inventories for 2024/2025 From 05/07 to 12/07, the September delivery in Chicago fell by $4/t to $158/t, despite a positive close on Friday following a bullish USDA report for maize. In its July report, compared with June, the USDA revised US maize stocks for the 2024/25 marketing year down very slightly (to… Read more »

WORLD: US maize acreage revised upwards From 28/06 to 05/07, in a week shortened by Independence Day, the July delivery in Chicago fell by $4/t to $162/t. Maize prices fell by around $10/t at the end of June, as a result of better weather in the Corn Belt and an upward revision of acreage by… Read more »