Publications

CEPM Corn Market n°231

WORLD : U.S. courses back up in August Chicago December delivery prices gained nearly $15/t in August. In fact, after a rather weak USDA monthly report at the beginning of the month (US crop projection of 388 Mt), the prices went up. This was firstly due to the Derecho storm at the beginning of the… Read more »

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CEPM Newsletter 24

Editorial: On European sovereignty The only advantage of crises is that they pose real problems and provide real solutions. This is the case with COVID 19, which demonstrates the importance of being in control at home. Land, agricultural production, food diversity, rural development, etc. are all indispensable goods. The objective is not to protect them,… Read more »

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CEPM Corn Market n°228

WORLD: Demand stabilizes Chicago prices From 13/07 to 17/07, the September delivery price in Chicago rose by about $2/t to $131/t. After a significant drop in prices last week (due to the return of rains in the middle of the pollination period on the Corn Belt), demand figures have brought some stability this week. The… Read more »

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CEPM Corn Market n°227

WORLD : Rain over the Corn Belt From 03/07 to 15/07, the Chicago September delivery price dropped $7/t. The weather elements dominated the market evolution, despite upwards elements noted in the American balance sheet. In its July report, the USDA revised, compared to June, the American production for the 2020/21 crop year downwards. The production… Read more »

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CEPM Corn Market n°226

WORLD : Decreased acreages in the USA Following last week’s USDA acreage report on major crops, U.S. prices reacted strongly. From 26/06 to 03/07, they gained $10/t to stand at $137/t on the July delivery. This report surprised analysts and operators by reducing the American corn acreage for the 2020/21 crop year by 2.3 Mha,… Read more »

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CEPM Corn Market n°224

WORLD: Deteriorating growing conditions in the USA From 12/06 to 19/06, the Chicago July delivery price rose by $1 /t to $131/t. This increase can be explained by several factors. After a meeting with Chinese officials in Hawaii, R. Lightizer (U.S. Trade Representative) said he was optimistic that the Sino-American trade agreement would be respected… Read more »

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