Corn Market

WORLD: Uncertainties on Chinese demand From 11/09 to 18/09, Chicago December delivery prices gained $4 per tonne. Following the soybean trend, US maize prices are being driven by Chinese demand. Thus, a sale of 210 Kt was again announced this week for the country. In total, for this crop year, China has committed to just… Read more »

WORLD : Downward revision of US yields From September 4 to September 11, Chicago December delivery prices gained $4 per ton. Indeed, the USDA in its September report, compared to the previous month, revised its yield projection downwards by 2 CwT/ha. It is now 112 CwT/ha. This is explained by taking into account the drought… Read more »

WORLD : Drought in South America From 28/08 to 04/09, prices for the December delivery in Chicago remained relatively stable ($141/t). US prices should not vary too much this week due to the closing of the markets on Monday and the expectation of the USDA’s monthly report on Friday. The latter should notably revise US… Read more »

WORLD : U.S. courses back up in August Chicago December delivery prices gained nearly $15/t in August. In fact, after a rather weak USDA monthly report at the beginning of the month (US crop projection of 388 Mt), the prices went up. This was firstly due to the Derecho storm at the beginning of the… Read more »

WORLD: Demand stabilizes Chicago prices From 13/07 to 17/07, the September delivery price in Chicago rose by about $2/t to $131/t. After a significant drop in prices last week (due to the return of rains in the middle of the pollination period on the Corn Belt), demand figures have brought some stability this week. The… Read more »

WORLD : Rain over the Corn Belt From 03/07 to 15/07, the Chicago September delivery price dropped $7/t. The weather elements dominated the market evolution, despite upwards elements noted in the American balance sheet. In its July report, the USDA revised, compared to June, the American production for the 2020/21 crop year downwards. The production… Read more »