WORLD: Price rebound in Chicago From 01/07 to 08/07, prices for the September delivery in Chicago gained $6/t to stand at $249/t. American prices have been rebounding since the end of last week due to a prior correction that was too large and fears about the American weather. Volatility remains very high. On 03/07, in… Read more »
WORLD: Slight increase in US acreage From 24/06 to 01/07, prices for the September delivery in Chicago lost another $15/t to stand at $247/t. The very strong downward pressure continues in Chicago against the backdrop of fears of a global economic crisis and fund sales, despite the fact that there has been little change in… Read more »
WORLD: Strong downward pressure From 17/06 to 24/06, the price of the July delivery in Chicago lost 13 $/t to stand at 295 $/t. The week was marked by high price volatility and strong downward pressure linked to the activity of non-commercial funds. The latter are selling and taking profits in a context where operators… Read more »
WORLD: Uncertainty about global demand From 10/06 to 17/06, prices for the July delivery in Chicago gained $4.5/t to stand at $304.5/t. The evolution of the prices remains torn between the weather worries on the one hand and the uncertainty on the return of the Ukrainian exports and on the level of the world demand… Read more »
WORLD: Increase in world stocks From 3 to 10 June, prices for July in Chicago rose by $18/t to $304/t. The lack of diplomatic progress on the unblocking of Ukrainian port exports allowed a significant rebound in prices last week. In its June report, compared to May, the USDA revised world stocks for the 2022/23… Read more »
WORLD: Falling prices in Chicago From 29/04 to 06/05, prices for the July delivery in Chicago fell by $15/t to $305/t. US maize prices fell at the end of last week due to better weather prospects and the action of non-commercial funds. As of 01/05, 14% of US maize was planted compared to an average… Read more »