CEPM Corn Market 202 WORLD: Disappointment following the China-USA agreement From 10 to 17 January, prices for the March maturity in Chicago remained stable at around $153/t. This is masking the strong variability of prices at the end of the week, following the signing of the China-US trade agreement and the presentation of its content, which was considered disappointing… Read more » Download
CEPM Corn Market n°200 WORLD: Iranian-American conflic From 27/12/19 to 03/01/20, the Chicago March maturity lost $1.4/T to reach $152/T. The growing tensions between the United States and Iran are worrying operators because of the threats they pose to world trade and energy supplies. In addition, US exports have remained at low levels in recent weeks. Weekly figures for… Read more » Download
CEPM Corn Market n°199 WORLD : Agreement announced between China and the United States From 6/12 to 13/12, the Chicago March maturity gained $1.3/T to reach $150/T. This increase was particularly significant towards the end of the week. Indeed, weekly export figures were better than expected with 874 Kt exported vs 800 Kt expected. In addition, Mexico purchased 1.6… Read more » Download
CEPM Corn Market n°198 WORLD: Further decline in Chicago From 29/11 to 06/12, the December deadline yielded $2/T in Chicago to reach $144/T. Prices are once again suffering from the weekly US demand figures. Ethanol production figures remained stable compared to week 47 with 1.06 million barrels produced per day. In contrast, stocks increased by 2%. For the week… Read more » Download
CEPM Corn Market n°197 WORLD: new hurdles for the US-China deal From 22/11 to 29/11, the December deadline in Chicago gained $ 1 / T to reach $ 146 / T. The start of the week in Chicago was complicated by the promulgation by D.Trump of a law supporting demonstrators in Hong Kong, causing the fury of China. And… Read more » Download
CEPM Corn Market n°196 WORLD: acreage decrease in Argentina From 15/11 to 22/11, the December deadline in Chicago lost $ 1 / T to reach $ 145 / T. Weekly demand figures are deemed insufficient by analysts to reach the USDA’s projections, even if ethanol stocks are at their lowest for 2019, and if the 788 Kt exported last… Read more » Download