CEPM Corn Market n°220 WORLD : Diplomatic tensions related to the pandemic From 15/05 to 22/05, prices for the July delivery in Chicago remained relatively stable, losing $0.5/t to stand at $125/t. With 663 thousand barrels/day, ethanol production is up by 7% compared to the previous week, for the third consecutive week. It remains 30% below its pre-pandemic level…. Read more » Download
CEPM Corn Market n°219 WORLD: towards a historic production record in the United States? From 08/05 to 15/05, prices for the July delivery were stable at $126/t. Oil prices are on the rise and have crossed the $30/barrel threshold. This can be explained by recent well shutdowns in the United States, the reduction in Saudi Arabia’s production and increased… Read more » Download
CEPM Corn Market n° 218 WORLD: U.S. ethanol production increases From 01/05 to 08/05, prices for the July delivery in Chicago rose slightly to $126/t. American prices rebounded slightly last weekend due to several factors. Taking advantage of higher oil prices and the start of the end of the lockdown, ethanol production is up for the first time in two… Read more » Download
CEPM Corn Market n°217 WORLD : Global stock build-up From 24/04 to 01/05, the Chicago July delivery price dropped $1.7/t to reach $125/t. Despite a rebound linked to oil prices and the drop in ethanol stocks (-1.4 million barrels last week), US prices fell again at the end of the week. This is due to the good sowing conditions,… Read more » Download
CEPM Corn Market n°216 WORLD: U.S. ethanol production stabilizes From 17/04 to 24/04, the Chicago May delivery price fell by $2.5 /t to $124/t. After reaching their lowest levels since September 2009 in the middle of the week, U.S. prices recovered over the weekend, mainly on technical considerations. U.S. planting is under way without major difficulties for the moment…. Read more » Download
CEPM Corn Market n°215 WORLD : Oil prices fall again From 13/04 to 17/04, the May delivery in Chicago lost $4.7/t to reach $126/t. The week was marked by a new drop in oil prices, with the barrel is now trading at $18. The production reduction agreement between the main producing countries is not of sufficient magnitude to cope… Read more » Download