WORLD: Drought takes hold in Brazil From 15/04 to 22/04, prices for the May delivery in Chicago lost $8/t to reach $312/t on the back of a technical correction after a massive rise last week. In its April report, compared to March and for the current crop year, the ICC revises world production up by… Read more »
World: The drought in Brazil strenghtening itsel From 23/04 to 30/04, prices for the July delivery in Chicago rose from $16/T to $265/T. Over the same period, prices for the December 2021 contract, for the new harvest, gained $5/T to stand at $222/T. In the US, despite the rains, maize plantings in the Corn Belt… Read more »
World: towards a new world production record? From 19/03 to 26/03, prices for May delivery in Chicago fell by $/4t to reach $215 /t. The week ended with a drop in prices due to the anticipation of a larger 2021 harvest by non-commercial funds. Indeed, on 30/03, the USDA will publish two reports that could… Read more »