WORLD : Rising prices in Chicago From 22/10 to 29/10, prices for the December delivery in Chicago rose $12 /t to reach $224 /t. This strong increase is partly explained by the heavy rains in the central Corn Belt last week. This delayed harvesting, which was 74% complete by 31/10, 7 points ahead of the… Read more »
WORLD : Contrasting weather in South America From 15/10 to 22/10, prices of December maturity in Chicago gained $4 /t to reach $211.5 /t. After a correction linked to the USDA monthly report, prices have risen again this week due to the persistent tension on the world cereal balance sheets, especially in wheat, and the… Read more »
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 »
WORLD : South American sowing begins From 17/09 to 24/09, prices for the December delivery in Chicago lost $1/t to stand at $207/t. Prices have seen little movement this week. After being put under pressure by the precarious situation of Evergrande, the Chinese real estate behemoth, the markets seem to have been reassured by rumours… Read more »
WORLD : Start of the US harvest From 10/09 to 17/09, prices for the December 2021 delivery in Chicago gained around $7/t to stand at almost $208/t. In the US, the week was marked by the start of the harvest. As of 12/09, 4% of US maize had been harvested, compared to an average of… Read more »
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 »