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CEPM

CEPM Corn Market n°206

WORLD : Towards a high level of South American production From 07/02 to 14/02, the March deadline lost $2.3 /t in Chicago due to the lack of support from the February USDA report and weekly export figures falling below 1 Mt. The American balance sheet remained unchanged, with the USDA lowering its export estimate by… Read more »

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CEPM

CEPM Corn Market n°205

WORLD : Steady prices in Chicago From 31/01 to 07/02, the March prices gained $0.9 /t Chicago to reach $151/t. Ethanol production is up by 5% compared to the previous week and stocks are down by 3%. Export figures are also up with 1.3 Mt of export sales last week. US maize is regaining competitiveness… Read more »

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CEPM

CEPM Corn Market n°204

WORLD: Coronavirus impacts global prices From 24/01 to 31/01, the March prices lost $2.4/t in Chicago to reach $150/t. Despite good export sales last week (1.2 Mt), the maize market experienced a sharp decline. Indeed, like all stock markets, and particularly commodity markets, it is impacted by the outbreak of the coronavirus epidemic in China…. Read more »

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CEPM

CEPM Corn Market n°203

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MAIZEUROP

CEPM Corn Market 202

WORLD: Disappointment following the China-USA agreement From 10 to 17 January, prices for the March maturity in Chicago remained stable at around $153/t. This is masking the strong variability of prices at the end of the week, following the signing of the China-US trade agreement and the presentation of its content, which was considered disappointing… Read more »

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MAIZEUROP

CEPM Corn Market n°201

WORLD: Uncertainties around the China-US trade agreement From 03/01 to 10/01, Chicago prices for the March deadline remained stable at $152/t. Weekly demand figures were poor: 162 Kt exported vs the expected 350 to 725 Kt and a 7% increase in ethanol stocks compared to last week, while production remained stable. However, the various USDA… Read more »

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