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Corn market 381

WORLD: Prices consolidate in Chicago From 01/03 to 08/03, the May delivery maize price in Chicago had a $6/t rise, to reach $167/t. U.S. maize prices continue to consolidate with a 2nd consecutive week of gains, following 10 weeks of continuous declines between early January and February 20. This is due to a more cautious… Read more »

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Corn market 380

WORLD: Hedge funds take cover From 23/02 to 01/03, the May delivery price in Chicago gained $4/t to stand at $167/t. U.S. prices rebounded last week as funds sought to hedge their positions. Indeed, non-commercial funds in Chicago had reached a record net short position at the end of February. This prompted them to close… Read more »

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Corn market 379

WORLD: Fall in Brazilian acreage From 02/02 to 09/02, the price of March delivery in Chicago fell by $5/t to $169/t. US maize prices remained under pressure last week due to South American weather and a slightly lower USDA report. In its report comparing February with January, the USDA revised upwards by 254 Kt the… Read more »

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Corn market 378

WORLD: Fall in Brazilian acreage From 02/02 to 09/02, the price of March delivery in Chicago fell by $5/t to $169/t. US maize prices remained under pressure last week due to South American weather and a slightly lower USDA report. In its report comparing February with January, the USDA revised upwards by 254 Kt the… Read more »

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Corn market 377

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Corn market 376

WORLD: Markets are worried about China From 19/01 to 26/01, the price of March delivery in Chicago rose by $1/t to stand at $176/t. Operators are increasingly worried about China. Its economic slowdown is leading to fewer purchases of agricultural products, particularly maize and soya. In addition, the crisis in the pork market has led… Read more »

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