Corn Market

WORLD: Weather continues to worry markets From 17/05 to 24/05, the July delivery price in Chicago rose by $5/t to $183/t. After a sharp drop, maize prices consolidated in Chicago because of weather concerns and position adjustments before a long weekend, as the market closes on Monday due to Memorial Day. In the United States,… Read more »

WORLD: Towards a new trade war between China and the United States? From May 10 to May 17, the July delivery price in Chicago fell by $7/t to $178/t. This drop was due to profit-taking following price rises at the beginning of the month. Volatility remains the order of the day for cereals, with persistent… Read more »

WORLD: Global cereal balances tighter than expected From 03/05 to 10/05, the July delivery price in Chicago rose by $4/t to $184/t, following a similar rise the previous week. This upward momentum was driven by concerns over global wheat and maize production and tighter-than-expected global grain balance sheets, leading to hedging of short positions by… Read more »

WORLD: New rebound for wheat From 12/04 to 19/04, the June delivery in Chicago rose by $5/t to $177/t. This rebound in U.S. maize prices is linked to the rebound seen on the wheat market, itself linked to major weather concerns among the major exporters in the northern hemisphere. Unlike maize, the world wheat balance… Read more »

WORLD: World stocks to remain high in 2024/2025 From 12/04 to 19/04, the May delivery price in Chicago fell by $1/t to $170/t. The US market remains undecided between concerns over demand, the progress of Corn Belt plantings and uncertainties over South American production. As at 14/04, 6% of maize had been sown in the… Read more »

WORLD: Lower production in Argentina From 05/04 to 12/04, the May delivery price in Chicago remained relatively stable at $171/t. The market remained undecided between a neutral USDA report, a tense geopolitical context and concerns about demand. As of 07/04, 3% of maize had been sown in the United States, compared with an average of… Read more »