Corn Market

WORLD: What is China’s demand for corn? From 17/11 to 24/11, the price of December delivery in Chicago fell by $5/t to $182/t, pushed down by rain in central Brazil. In the United States, 93% of maize had been harvested by 19/11, compared with an average of 91% by that date. The latest harvests are… Read more »

WORLD: Decline in acreage in South America From 10/11 to 17/11, the price of December delivery in Chicago rose by $4/t to stand at $187/t, buoyed by good demand figures and weather difficulties in South America. In the United States, 88% of maize had been harvested by 12/11, compared with an average of 86% at… Read more »

WORLD: US corn production revised upwards From 03/11 to 10/11, the price of December delivery in Chicago fell by $2/t to $183/t. US prices lost ground after the publication of the USDA’s monthly report, which was bearish for maize, despite positive news for demand. In the United States on 05/11, 81% of maize had been… Read more »

WORLD: American corn gains in competitiveness From 27/10 to 03/11, the price of December delivery in Chicago fell by $1/t to stand at $188/t. US prices remained under pressure from the harvest, before rebounding at the end of the week on the back of position buying by non-commercial funds and driven by other agricultural commodities…. Read more »

WORLD: South America’s weather worries From 20/10 to 27/10, the price of December delivery in Chicago fell by $6/t to $189/t. The arrival of rain in Argentina and more optimistic models for Brazil eased the pressure on US prices despite positive demand news. In the United States on 22/10, 59% of maize had been harvested,… Read more »

WORLD: South America’s weather worries From 13/10 to 20/10, the price of December delivery in Chicago rose by $1/t to stand at $195/t. The trend for maize was positive this week, despite major movements linked to non-commercial funds, due in particular to weather concerns in South America. In the United States, 45% of maize had… Read more »