Corn Market

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 »

WORLD : Logistics disruption in the US From 27/08 to 03/09, prices for the December delivery in Chicago fell by $12/t to reach $206/t. The markets are closed this Monday due to the Labor Day. This sharp drop is explained by the consequences of Hurricane Ida which hit the United States last week. The hurricane… Read more »

WORLD : Dynamic global production Prices for the December delivery date in Chicago rose by about $7/t between 20/08 and 27/08 to reach $218/t. As of 22/08, 60% of maize in the US was in “good to excellent” condition, down 2 points from the previous week. Rainfall in the Midwest from Hurricane Ida is expected… Read more »

WORLD : Renewed concerns about the Corn Belt From 9 to 16 July, prices for the December 2021 delivery in Chicago rose from $14/t to reach $217/t. After rains last week temporarily stabilised water-deficient maize in the western Corn Belt, traders are now concerned that hot, dry weather will return by the end of the… Read more »