Maiz’info december 2019

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EU seed observatory: stocks trend down: According to this data, the stock decline is confirmed at the end of the 2019 marketing year, against the background of a dynamic EU maize market. Furthermore, in the light of the challenging 2019 production conditions and ongoing market developments, a new stock decrease may be expected at the end of June 2020.

European prices still under pressure: November saw a renewed fall of world prices at the CBOT. Despite delays and sometimes difficult weather, the US harvest is making progress and production has not been estimated down significantly by the USDA for the time being