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CEPM

Corn Market 255

WORLD : Bad week for U.S. exports From 15/02 to 26/02, the May expiry price in Chicago rose by 2 $ per tonne to reach 215 $ per tonne. The weekend was marked by significant volatility and a drop in prices due to the release of USDA export inspection figures. These figures are clearly below… Read more »

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CEPM

Corn Market 254

WORLD : USDA 2021 Outlook for 2021 From 12/02 to 19/02, the March expiry price in Chicago increased by approximately 1.5$/t to reach 215$/t. The week was marked by the USDA’s “Outlook” forum, announcing the outlook for the 2021/22 crop year in the United States. The USDA announced an increase in maize acreage for the… Read more »

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CEPM

Corn Market 253

WORLD : WORLD: High price volatility. From 5/02 to 12/02, the Chicago March expiry price fell by $4 per tonne to $212 per tonne. The week was marked by high volatility following the release of the USDA report in February and the cancellation of an export contract at the beginning of the week. Indeed, the… Read more »

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CEPM

Corn Market 250

WORLD : High volatility in Chicago Prices for the March delivery in Chicago ended the week down sharply. From 15/01 to 22/01, this maturity fell by $12/t to reach $197/t. This significant drop in prices is due to non-commercial funds, which sharply reduced their net buying position over the weekend. For the day of 22/01… Read more »

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CEPM

Corn Market 249

WORLD : New price hikes From 8/01 to 15/01, the Chicago March expiry price increased by $14/t to $209/t. This strong increase is due to the publication of the USDA monthly report. This report revised the maize uses downwards compared to December: -2.5 Mt for ethanol (126 Mt), which is still suffering from low fuel… Read more »

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CEPM

Corn Market 248

WORLD : Maize over $5/bu in Chicago From 31 December to 8 January, the March expiry price in Chicago increased by $5/t to reach $195/t. By mid-week, Chicago prices even surpassed the $5 per bushel threshold ($197/t) before falling back. Non-commercial funds maintained the upward trend of the last few weeks with a record net… Read more »

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