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CEPM

Corn market 347

WORLD: Gloomy macroeconomic environment in the US From 5 to 12 May, the price of July delivery in Chicago fell by $4/t to $231/t. The Chicago maize price was affected by further Chinese purchase cancellations and a bearish USDA report. While overall planting has progressed rapidly in the Corn Belt, the northwestern part of the… 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 281

WORLD : price increase in Chicago From 24/09 to 01/10, prices for the December delivery in Chicago rose by 6 $/t to reach 213 $/t. This increase is explained by the strengthening of the net buying position of non-commercial funds in a context of tensions on the world cereal balance sheets and while oil prices… Read more »

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CEPM

Corn Market 271

World: How large is the maize acreage in the US? From 11 to 18 June, there was still high volatility in the US. The prices of the December delivery, for the new harvest, decreased by $17/t to reach $223/t. The week was indeed marked by scattered rains, but also hail and wind which caused local… Read more »

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Corn Market 247

WORLD : Sharp increase in prices at the end of the year From 18/12 to 31/12, the Chicago March delivery price gained $18/t to stand at $192/t. This strong increase can be explained by several factors. First of all, American exports were very dynamic due to an unfailing Chinese demand (6 Mt imported between September… Read more »

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CEPM

Corn Market 246

WORLD : Decline in production capacity in South America From 07/12 to 11/12, prices for the March delivery in Chicago remained stable at $167/t. With the approach of the holiday season and the publication of a rather neutral USDA monthly report, prices changed little. The USDA’s December report left the US balance sheet unchanged compared… Read more »

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