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CEPM

Corn Market 277

WORLD : Logistics disruption in the US From 27/08 to 03/09, prices for the December delivery in Chicago fell by $12/t to reach $206/t. The markets are closed this Monday due to the Labor Day. This sharp drop is explained by the consequences of Hurricane Ida which hit the United States last week. The hurricane… Read more »

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Corn Market 273

World: US acreage increase less than expected From 25 June to 2 July, the price of the December 2021 delivery in Chicago rose by $24/t to reach $228/t. This sharp rise in US prices is due to the release of the USDA’s annual acreage report on 30 June, which refines the acreage projections made at… Read more »

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CEPM

Corn Market 267

World: Chinese new harvest purchases. From 14/05 to 21/05, maize prices in Chicago rose slightly. The July delivery gained $6/t to reach $259/t while the December 2021 new delivery gained $1/t to reach $215/t. The past week has seen US prices stabilise after the sharp declines of the first half of May due to hedge… Read more »

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Corn Market 266

World: Sharp drop in prices in Chicago From 7/05 to 14/05, maize prices in Chicago fell sharply. Prices for the July delivery dropped $30/T to $254/T and for the new harvest, prices for the December delivery dropped by $37/T to $214/T. This sharp decline was due to heavy selling by hedge funds which held a… Read more »

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CEPM

Corn Market 265

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CEPM

Corn Market 263

World: New surge in prices in Chicago. From April 16 to April 23, maize prices in Chicago rose sharply. The May delivery gained $28/t to $258/t, the highest in 8 years, while the December 2021 delivery (new harvest) gained $15/t to $217/t. This new surge in US maize prices is explained by a tight global… Read more »

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