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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 295

WORLD: Sharp rise in world food prices From 25/02 to 04/03, the prices of the May delivery in Chicago gained $24/t to reach $297/t. The week remains marked by extremely high volatility linked to the invasion of Ukraine and the disruption of trade flows of many agricultural commodities (corn, wheat, sunflower oil, etc.) and energy…. Read more »

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