Corn Market 267 World: Chinese new harvest purchases. From 14/05 to 21/05, maize prices in Chicago rose slightly. The July delivery gained $6/t to reach $259/t while the December 2021 new delivery gained $1/t to reach $215/t. The past week has seen US prices stabilise after the sharp declines of the first half of May due to hedge… Read more » Download
Corn Market 266 World: Sharp drop in prices in Chicago From 7/05 to 14/05, maize prices in Chicago fell sharply. Prices for the July delivery dropped $30/T to $254/T and for the new harvest, prices for the December delivery dropped by $37/T to $214/T. This sharp decline was due to heavy selling by hedge funds which held a… Read more » Download
Corn Market 264 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 » Download
Corn Market 263 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 » Download
Corn Market 262 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 » Download