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CEPM

Corn Market 278

WORLD : Increase in Chinese maize production From 3/09 to 10/09, prices for the December delivery in Chicago fell by $3/t to $204/t. The decline was driven by a leaked USDA report last week announcing an upward revision to maize acreage and profit-taking by non-commercial funds ahead of Friday’s release of the USDA’s monthly world… Read more »

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Corn Market 277

WORLD : Logistics disruption in the US From 27/08 to 03/09, prices for the December delivery in Chicago fell by $12/t to reach $206/t. The markets are closed this Monday due to the Labor Day. This sharp drop is explained by the consequences of Hurricane Ida which hit the United States last week. The hurricane… Read more »

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CEPM

Corn Market 276

WORLD : Dynamic global production Prices for the December delivery date in Chicago rose by about $7/t between 20/08 and 27/08 to reach $218/t. As of 22/08, 60% of maize in the US was in “good to excellent” condition, down 2 points from the previous week. Rainfall in the Midwest from Hurricane Ida is expected… Read more »

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CEPM

Corn Market 275

WORLD : Renewed concerns about the Corn Belt From 9 to 16 July, prices for the December 2021 delivery in Chicago rose from $14/t to reach $217/t. After rains last week temporarily stabilised water-deficient maize in the western Corn Belt, traders are now concerned that hot, dry weather will return by the end of the… Read more »

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Corn Market 274

World: Rainfall resume on the Corn Belt From 02/07 to 09/07, prices for the December delivery in Chicago fell by $24.5/t to reach $203.5/t. This sharp drop erased the increase following the release of the US acreage report on 30 June. Heavy rains have affected most of the Corn Belt, especially the northwest, which is… Read more »

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CEPM

Corn Market 273

World: US acreage increase less than expected From 25 June to 2 July, the price of the December 2021 delivery in Chicago rose by $24/t to reach $228/t. This sharp rise in US prices is due to the release of the USDA’s annual acreage report on 30 June, which refines the acreage projections made at… Read more »

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