CEPM Corn Market n°208 WORLD : Coronavirus driving prices down The spread of the coronavirus epidemic outside Asia last week has led to a sharp decline in global markets. Maize prices in Chicago were no exception to this dynamic and fell by $5/ton between 21/02 and 28/02. The Chicago May deadline is at $145 per ton. Weekly export sales… Read more » Download
CEPM Corn Market n°207 WORLD: Projection on the rise for American acreages From 14/02 to 21/02, the Chicago March deadline prices fell by $1/t to reach $148.4/t. Export inspection figures are at their best since the beginning of the crop year with 795 Kt, but ethanol stocks continue to increase, 24.8 million barrels to date, with production remaining at… Read more » Download
CEPM Corn Market n°206 WORLD : Towards a high level of South American production From 07/02 to 14/02, the March deadline lost $2.3 /t in Chicago due to the lack of support from the February USDA report and weekly export figures falling below 1 Mt. The American balance sheet remained unchanged, with the USDA lowering its export estimate by… Read more » Download
CEPM Corn Market n°205 WORLD : Steady prices in Chicago From 31/01 to 07/02, the March prices gained $0.9 /t Chicago to reach $151/t. Ethanol production is up by 5% compared to the previous week and stocks are down by 3%. Export figures are also up with 1.3 Mt of export sales last week. US maize is regaining competitiveness… Read more » Download
CEPM Corn Market n°204 WORLD: Coronavirus impacts global prices From 24/01 to 31/01, the March prices lost $2.4/t in Chicago to reach $150/t. Despite good export sales last week (1.2 Mt), the maize market experienced a sharp decline. Indeed, like all stock markets, and particularly commodity markets, it is impacted by the outbreak of the coronavirus epidemic in China…. Read more » Download