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CEPM

Corn market 347

WORLD: Gloomy macroeconomic environment in the US From 5 to 12 May, the price of July delivery in Chicago fell by $4/t to $231/t. The Chicago maize price was affected by further Chinese purchase cancellations and a bearish USDA report. While overall planting has progressed rapidly in the Corn Belt, the northwestern part of the… Read more »

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Corn market 346

WORLD: Gloomy macroeconomic environment in the US From 28 April to 5 May, the price of maize for the July delivery in Chicago rose by around $5/t to stand at $235/t. After a very sharp drop the previous week, maize prices in Chicago consolidated despite a difficult context. Planting progressed in the Corn Belt thanks… Read more »

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CEPM

Corn market 345

WORLD: Maize falls in Chicago From 21 to 28 April, the price of the July delivery in Chicago fell by $16/t to $230/t. This very strong drop is explained by Chinese purchase cancellations and by the improvement of weather conditions in the Corn Belt. Last week, export contracting reached 400 Kt in the US, in… Read more »

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CEPM

Corn market 344

WORLD: Cold and wet weather on the Corn Belt From 14 to 21 April, the price of the May delivery in Chicago fell by $1/t to $261/t. The week was marked by significant volatility, divided between support and downward factors. US prices found support at the beginning of the week in the pace of planting… Read more »

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CEPM

Corn market 343

WORLD: Chinese purchases in new campaign From April 7 to 14, the price of May delivery in Chicago rose about $9/t to $262/t. The rise of maize in Chicago is due to the first Chinese purchases for the next crop year as well as to the fall of the dollar and the Russian threats on… Read more »

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CEPM

Corn market 342

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