Corn Market

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 »

WORLD: A neutral USDA report From 07/06 to 14/06, the July delivery in Chicago remained relatively stable at $177/t. The USDA report for June was neutral for maize and confirmed the tension for wheat. Compared with its May estimates, the USDA left the US balance sheet unchanged. This was expected by operators, who are focusing… Read more »

WORLD: Good campaign start in the United States From 31/05 to 07/06, the June delivery price in Chicago rose by $1/t to $177/t. Pressure continues in Chicago, but maize prices rebounded at the end of the week on the back of good export sales. In the United States, as of 02/06, 91% of maize had… Read more »

WORLD: Agreement between China and Argentina From 24/05 to 31/05, the July delivery price in Chicago fell by $7/t to $176/t. The pressure is on maize in Chicago as planting progresses rapidly in the United States, despite the sometimes-tricky weather. In the United States, 89% of maize had been sown by May 26, compared with… Read more »