Corn Market

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 »

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 »

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 »

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 »

WORLD : stalled talks between China and the United States From 8 to 15 November, the December deadline lost $ 2.4 / T in Chicago to reach $ 146 / T. Despite the decline in ethanol stocks, which lost 4% between 1st and 8 November, the harvest pressure is lowering US prices. As of 10… Read more »

WORLD : Prices down despite USDA report From 01/11 to 08/11, the December deadline lost $ 4.7 / T in Chicago to reach $ 148.5 / T. This is due to a more lenient weather, favouring harvesting activites, and disappointing demand figures. Daily production of ethanol remains 54K barrels/day below production figures at the same… Read more »