CEPM Corn Market n°223 WORLD : WORLD: Towards a 2nd wave of the epidemic? From 05/06 to 12/06, prices for the July delivery in Chicago remained relatively stable at $130/t. Ethanol consumption is now close to its pre-epidemic level (-12%). Compared to the previous week, ethanol production is up by 9% (to 836 thousand barrels/day) and stocks are down… Read more » Download
CEPM Corn Market n°222 WORLD: Start of the second Brazilian harvest From 29/05 to 05/06, the Chicago July delivery price rose by $2/t to reach $130/t. This increase is explained first of all by technical conditions, hedging of short positions and profit-taking by the funds. It is also due to the rise in oil prices, passing above $40/barrel, after… Read more » Download
CEPM Corn Market n°221 WORLD: Rising prices in Chicago From 22/05 to 29/05, the Chicago July delivery price rose by $3/t to stand at $128/t. This rise in prices is explained by the CPC’s projection of a hot and dry month of June in the Midwest. As of 31/05, 93% of American maize had been planted compared to an… Read more » Download
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