CEPM Corn Market n°193 WORLD : weather slows US harvest From 25 October to 1st November, the December deadline in Chicago gained $ 4.6 / t to reach $ 153 / t. This increase was caused by weather conditions. A new cold wave hit the latest maize, while rain and snow delayed harvests this weekend. As of 27/10, 41%… Read more » Download
CEPM Corn Market n°192 WORLD : Political change in Argentina From 18/10 to 25/10, Chicago prices for the December deadline have lost $ 1.7 / t to reach $ 152 / t. Weekly exports and ethanol production figures are disappointing. Indeed, ethanol production, while it is increasing, remains under the million barrels per day threshold for the 5th week… Read more » Download
CEPM Corn market n°191 WORLD : Harvesting difficulties in the United States From 11/10 to 18/10, Chicago lost $ 2.6 / T on the December deadline, to stand at $ 154 / T. This is due to disappointing weekly export figures. Similarly, ethanol production is largely down due to negative margins. From 1st September to 17 October, only 14.5… Read more » Download
CEPM Corn Market n°190 WORLD : Towards an agreement between China and the US? Between 4/10 and 11/10, prices gained $ 5 / T in Chicago to reach $ 156.5 / T for the December maturity. This week was marked by high volatility. First, the USDA’s monthly report drove prices down by slightly raising US yields, when a drop… Read more » Download
CEPM Corn market n°189 WORLD : US stocks reviewed From 27/09 to 04/10, the December deadline gained $5 / T in Chicago, to reach $152 / T. This increase is due to the release on 29 September of the USDA quarterly report on US inventories. On 01/09, these inventories were estimated at 54 Mt, a 1% decrease from the… Read more » Download
CEPM Corn Market n°188 WORLD: Uncertainties on South American sowings From 20 to 27 November, prices remained stable in Chicago. On the December deadline, prices reach $ 146 / ton. The weather does not concern operators yet. There is a frost risk on both Dakota this weekend, states where around 40% of maize have not reached maturity yet. However,… Read more » Download