FOB
Corn market 339
WORLD: Chinese purchases in the US and Brazil From 10/03 to 17/03, the price of May delivery corn in Chicago rose by about $7/t to reach $250/t. After two weeks of decline, maize prices were able to rebound in Chicago under the effect of China’s return to purchases. Indeed, China contracted last week the purchase… Read more »
Corn market 338
WORLD: Risk of a banking crisis in the United States From 03/03 to 10/03, prices for the May delivery in Chicago lost $9/t to reach $243/t. This new strong fall is linked to the publication of a USDA report considered bearish by the operators and to the strong worries because of the bank failures in… Read more »
Corn market 332
WORLD: Rainfall in South America From 20/01 to 27/01, prices for the March delivery in Chicago gained about $3/t to stand at $269/t. American maize prices were driven up by good export figures and by positive publications on economic growth in the United States. In the US, export contracts reached 910 Kt last week, at… Read more »
Corn market 330
WORLD: Bullish USDA report From 06/01 to 13/01, the price of the March delivery in Chicago gained $7/t to stand at $264/t. American prices have thus erased part of their last losses thanks to a bullish monthly report from the USDA for corn. The US market is closed on Monday for Martin Luther King Day…. Read more »
Corn Market 323
WORLD: Decline in the dollar From 04/11 to 11/11, the price of the December delivery in Chicago lost $9/t to stand at $259/t. This sharp drop is linked to profit taking before and after the publication of the USDA monthly report last Wednesday. However, Friday’s session ended slightly higher due to reassuring macroeconomic elements: slowing… Read more »