Corn Market

WORLD : Drought in South America Over the last 15 days of December, the March 2022 delivery gained $4/t to stand at around $235/t. The end of the year was marked by the reinforcement of the drought in the south of Brazil and in Argentina and a volatility linked to the position of the funds… Read more »

WORLD : Increase in area in Argentina From 26/11 to 03/12, the price of the March maturity in Chicago lost $3/t to stand at $230/t. During the week, prices remained volatile due to fears about the global economic recovery caused by the appearance of the omicron variant. After selling by non-commercial funds at the beginning… Read more »

WORLD : Maize disrupted by Omicron variant From 19/11 to 26/11, prices for the December maturity in Chicago gained $6 /t to stand at $231 /t. At the end of the week, however, maize prices were clearly disrupted, like other commodities and the world’s financial markets, by the detection of a new variant of Covid-19…. Read more »

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 »