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CEPM

Corn market 331

WORLD: Production decline in Argentina From 13/01 to 20/01, prices for the March delivery in Chicago remained relatively stable at around $266/t. After a rise linked to the last USDA report, the American prices lost some ground at the end of the week because of reassuring rains on Argentina. Good US demand figures last week… Read more »

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CEPM

Corn market 330

WORLD: Bullish USDA report From 06/01 to 13/01, the price of the March delivery in Chicago gained $7/t to stand at $264/t. American prices have thus erased part of their last losses thanks to a bullish monthly report from the USDA for corn. The US market is closed on Monday for Martin Luther King Day…. Read more »

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CEPM

Corn Market 323

WORLD: Decline in the dollar From 04/11 to 11/11, the price of the December delivery in Chicago lost $9/t to stand at $259/t. This sharp drop is linked to profit taking before and after the publication of the USDA monthly report last Wednesday. However, Friday’s session ended slightly higher due to reassuring macroeconomic elements: slowing… Read more »

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CEPM

Corn Market 320

WORLD: Areas down in Argentina Discussions on the Ukrainian maritime corridor were seen as positive. In the US, as of 16/10, 45% of the US corn crop had been harvested compared to an average of 40% at that date (2017-2021). The rains forecast for this week in the central Corn Belt should break the dry… Read more »

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CEPM

Corn Market 319

WORLD: Brazilian maize for China From 30/09 to 07/10, the price of the December delivery in Chicago gained $2/t to reach $271/t. The week was marked by new tensions around the Ukrainian maritime corridor (see Europe section). In the US, as of 09/10, 31% of American corn had been harvested, compared with an average of… Read more »

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CEPM

Corn Market 318

WORLD: US exports disrupted From 30/09 to 07/10, the price of December delivery in Chicago rose by $ 2/t to $ 269/t. In the US, as of 02/10, 20% of American corn had been harvested, compared with an average of 22% at that date (2017-2021). The Mississippi River is currently very low due to the… Read more »

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