Corn Market

WORLD: Record production and demand for maize From 12/01 to 19/01, the price of March delivery maize in Chicago fell by $1/t to $175/t. Prices in Chicago remained under pressure from the bearish USDA report published on Friday 12/01, despite the dynamic demand for American maize. Export contracts for US maize reached 1.25 Mt last… Read more »

WORLD: USDA report bearish for maize From 05/01 to 12/01, the price of March delivery in Chicago fell by $5/t to $176/t. Last week, prices suffered from the pressure due to the oil fall and the publication of a bearish USDA report for maize. The USDA’s monthly report took traders by surprise, with the average… Read more »

WORLD: Maize prices under pressure at the start of the year From 12/29 to 01/05, the rate of March delivery in Chicago fell by $5/t to $181/t. US prices were under pressure at the end of the year, and remain that way at the start of 2024, due to a lack of demand, improved weather… Read more »

WORLD: Tensions over international logistics From 08/12 to 15/12, the price of the March delivery in Chicago fell by $1/t to stand at $190/t. The good news about US demand has not counteracted the downward trend caused by the improved weather in Brazil. At 1.4 Mt last week, export contracts for US maize were once… Read more »

WORLD: Towards a decline in acreage in Brazil From 01/12 to 08/12, the March delivery price in Chicago gained $1/t to stand at $183/t. The week was marked by the publication of a slightly bullish USDA report for maize. In its December report, the USDA left the US balance sheet virtually unchanged for the current… Read more »

WORLD: Acceleration in US corn exports From 24/11 to 01/12, the price of March delivery in Chicago rose by $1/t to stand at $191/t, buoyed by good export figures. At over 1.9 Mt last week, export contracts for US maize exceeded operators’ expectations and supported prices. This was due in particular to purchases from China… Read more »