Corn Market

World: The drought in Brazil strenghtening itsel From 23/04 to 30/04, prices for the July delivery in Chicago rose from $16/T to $265/T. Over the same period, prices for the December 2021 contract, for the new harvest, gained $5/T to stand at $222/T. In the US, despite the rains, maize plantings in the Corn Belt… Read more »

World: New surge in prices in Chicago. From April 16 to April 23, maize prices in Chicago rose sharply. The May delivery gained $28/t to $258/t, the highest in 8 years, while the December 2021 delivery (new harvest) gained $15/t to $217/t. This new surge in US maize prices is explained by a tight global… Read more »

Word: Drought in Brazil. From 9/04 to 16/04, prices of the May 2021 maturity in Chicago gained $3 /t to reach $230 /t. In addition, last week, the price of December 2021 (new harvest) closed for the first time above $200 /t. This situation illustrates the tense situation on the fundamentals at the end of… Read more »

World: Tight US stocks for the end of the crop year. From 02/04 to 09/04, prices of May maturity in Chicago have increased by $7/t to $227/t. For the new harvest, the price of the December 2021 contract has also increased. This is explained by the USDA’s April report, which announced an even tighter than… Read more »

World : high volatility From 26/03 to 5/04, prices of May maturity in Chicago remained relatively stable at $218 /t. However, this apparent stability hides a strong weekly volatility linked to the publication of the USDA report on planting intentions for the 2021/22 crop year. Prices for the May maturity reached more than $226 /t… Read more »

World: towards a new world production record? From 19/03 to 26/03, prices for May delivery in Chicago fell by $/4t to reach $215 /t. The week ended with a drop in prices due to the anticipation of a larger 2021 harvest by non-commercial funds. Indeed, on 30/03, the USDA will publish two reports that could… Read more »