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CEPM

Corn Market 303

WORLD: Delayed planting in the Corn Belt From 22/04 to 29/04, the price of maize for the July delivery in Chicago rose by $9/t to $320/t. Maize prices in Chicago were supported last week by weather concerns about planting in the Corn Belt and safrinha maize in Brazil. As of 24/04, only 7% of US… Read more »

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CEPM

Corn Market 301

WORLD: Planting begins in the Corn Belt From 08/04 to 15/04, the price of the May delivery in Chicago gained $18/t to stand at $320/t. The Easter weekend allowed funds to break through the technical resistance to the upside. The price of corn in Chicago on the 1st maturity thus exceeds $8/bushel, its highest level… Read more »

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CEPM

Corn Market 300

WORLD: World food prices at an all-time high From 01/04 to 08/04, the prices for the May delivery in Chicago rose $13/t to $302.5/t. US maize prices are back to spot highs, after a drop last week, but remain blocked by technical resistance. Due to a tense initial situation and the consequences of the invasion… Read more »

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CEPM

Corn Market 299

WORLD: US maize acreage down in 2022 From 25/03 to 01/04, the May delivery lost $7/t to stand at $289/t. The week was marked by high volatility due to the war in Ukraine and acreage projections for 2022 in the US. Chicago corn prices lost ground mid-week on rumours of a ceasefire agreement in Ukraine,… Read more »

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CEPM

Corn Market 298

WORLD: What maize acreage in the US in 2022? From 18/03 to 25/03, prices for May in Chicago gained $5/t to reach $297/t. After a strong rise linked to the invasion of Ukraine, the May delivery has been evolving between $290 and $300/t since the beginning of the month. Export contracting to the US slowed… Read more »

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CEPM

Corn Market 297

WORLD: American origin sought From 11/04 to 18/04, prices for May in Chicago fell by $4.5/t to $292/t. US maize prices remain high and volatile but are still meeting technical resistance to the upside. In its March report, compared to February, the IGC estimates that for the current 2021/22 crop year, world production will be… Read more »

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