Corn market 380 WORLD: Hedge funds take cover From 23/02 to 01/03, the May delivery price in Chicago gained $4/t to stand at $167/t. U.S. prices rebounded last week as funds sought to hedge their positions. Indeed, non-commercial funds in Chicago had reached a record net short position at the end of February. This prompted them to close… Read more » Download
Corn market 379 WORLD: Fall in Brazilian acreage From 02/02 to 09/02, the price of March delivery in Chicago fell by $5/t to $169/t. US maize prices remained under pressure last week due to South American weather and a slightly lower USDA report. In its report comparing February with January, the USDA revised upwards by 254 Kt the… Read more » Download
Corn market 378 WORLD: Fall in Brazilian acreage From 02/02 to 09/02, the price of March delivery in Chicago fell by $5/t to $169/t. US maize prices remained under pressure last week due to South American weather and a slightly lower USDA report. In its report comparing February with January, the USDA revised upwards by 254 Kt the… Read more » Download
Corn market 376 WORLD: Markets are worried about China From 19/01 to 26/01, the price of March delivery in Chicago rose by $1/t to stand at $176/t. Operators are increasingly worried about China. Its economic slowdown is leading to fewer purchases of agricultural products, particularly maize and soya. In addition, the crisis in the pork market has led… Read more » Download
Corn market 375 WORLD: Record production and demand for maize From 12/01 to 19/01, the price of March delivery maize in Chicago fell by $1/t to $175/t. Prices in Chicago remained under pressure from the bearish USDA report published on Friday 12/01, despite the dynamic demand for American maize. Export contracts for US maize reached 1.25 Mt last… Read more » Download