Corn Market

WORLD : New price hikes From 8/01 to 15/01, the Chicago March expiry price increased by $14/t to $209/t. This strong increase is due to the publication of the USDA monthly report. This report revised the maize uses downwards compared to December: -2.5 Mt for ethanol (126 Mt), which is still suffering from low fuel… Read more »

WORLD : Maize over $5/bu in Chicago From 31 December to 8 January, the March expiry price in Chicago increased by $5/t to reach $195/t. By mid-week, Chicago prices even surpassed the $5 per bushel threshold ($197/t) before falling back. Non-commercial funds maintained the upward trend of the last few weeks with a record net… Read more »

WORLD : Sharp increase in prices at the end of the year From 18/12 to 31/12, the Chicago March delivery price gained $18/t to stand at $192/t. This strong increase can be explained by several factors. First of all, American exports were very dynamic due to an unfailing Chinese demand (6 Mt imported between September… Read more »

WORLD : Decline in production capacity in South America From 07/12 to 11/12, prices for the March delivery in Chicago remained stable at $167/t. With the approach of the holiday season and the publication of a rather neutral USDA monthly report, prices changed little. The USDA’s December report left the US balance sheet unchanged compared… Read more »

WORLD : Declining prices in Chicago From 23/10 to 30/10, the December expiry price in Chicago fell by $4 per tonne to $159/t. The maize market has experienced a sharp decrease in recent days, despite rather bullish fundamentals and strong global demand. Indeed, markets, including the maize market, are suffering a decline linked to the… Read more »

WORLD : Sustained Chinese imports From 16/10 to 23/10, the Chicago December delivery price rose by $6 per tonne to $165 per tonne. If, in the United States, the ethanol industry remains in difficulty because of the Covid-19 epidemic, with a production of 913 thousand barrels/day (about 10% below its normal level), prices are supported… Read more »