Corn Market

WORLD: Tensions over international logistics From 08/12 to 15/12, the price of the March delivery in Chicago fell by $1/t to stand at $190/t. The good news about US demand has not counteracted the downward trend caused by the improved weather in Brazil. At 1.4 Mt last week, export contracts for US maize were once… Read more »

WORLD: Towards a decline in acreage in Brazil From 01/12 to 08/12, the March delivery price in Chicago gained $1/t to stand at $183/t. The week was marked by the publication of a slightly bullish USDA report for maize. In its December report, the USDA left the US balance sheet virtually unchanged for the current… Read more »

WORLD: Acceleration in US corn exports From 24/11 to 01/12, the price of March delivery in Chicago rose by $1/t to stand at $191/t, buoyed by good export figures. At over 1.9 Mt last week, export contracts for US maize exceeded operators’ expectations and supported prices. This was due in particular to purchases from China… Read more »

WORLD: What is China’s demand for corn? From 17/11 to 24/11, the price of December delivery in Chicago fell by $5/t to $182/t, pushed down by rain in central Brazil. In the United States, 93% of maize had been harvested by 19/11, compared with an average of 91% by that date. The latest harvests are… Read more »

WORLD: Decline in acreage in South America From 10/11 to 17/11, the price of December delivery in Chicago rose by $4/t to stand at $187/t, buoyed by good demand figures and weather difficulties in South America. In the United States, 88% of maize had been harvested by 12/11, compared with an average of 86% at… Read more »

WORLD: US corn production revised upwards From 03/11 to 10/11, the price of December delivery in Chicago fell by $2/t to $183/t. US prices lost ground after the publication of the USDA’s monthly report, which was bearish for maize, despite positive news for demand. In the United States on 05/11, 81% of maize had been… Read more »