WORLD: Projection on the rise for American acreages From 14/02 to 21/02, the Chicago March deadline prices fell by $1/t to reach $148.4/t. Export inspection figures are at their best since the beginning of the crop year with 795 Kt, but ethanol stocks continue to increase, 24.8 million barrels to date, with production remaining at… Read more »
WORLD : Towards a high level of South American production From 07/02 to 14/02, the March deadline lost $2.3 /t in Chicago due to the lack of support from the February USDA report and weekly export figures falling below 1 Mt. The American balance sheet remained unchanged, with the USDA lowering its export estimate by… Read more »
WORLD: funds strenghten their selling positions Growing conditions are still good for second-crop maize in Brazil, as first-crop maize harvests are still ongoing (around 60%). In Argentina, the first harvests confirm excellent yields for maize sown early. Growing conditions for maize sown at later dates are also good. They are estimated to be good to… Read more »