Corn market 362 WORLD: Falling oil prices From 29/09 to 06/10, the price of December delivery in Chicago rose by $6/t to stand at $194/t. US prices rebounded this week on the back of buoyant exports and the downward revision of 2022/23 stocks at the end of last week. Traders will be watching the impact of this drop… Read more » Download
Corn market 361 WORLD: US inventories revised downwards for 2022/2023 From 22/09 to 29/09, the price of December delivery in Chicago remained relatively stable at $188/t. This weekly stability masks a sharp fall in US prices on Friday 29/09, which is currently being corrected on Monday. These movements are due to sales by non-commercial funds in the face… Read more » Download
Corn market 360 WORLD: Start of harvest in the Corn Belt From 15/09 to 22/09, the price of December delivery in Chicago remained relatively stable at $188 per tonne. The situation remains delicate for US maize prices in a context of harvest pressure and lack of competitiveness for exports. By 17/09, 7% of US maize had been harvested,… Read more » Download
Corn Market 359 WORLD: Sowing begins in South America From 08/09 to 15/09, the price of December delivery in Chicago fell by $3/t to stand at $187/t. US prices lost ground after a bearish USDA report for maize. The USDA revised US stocks upwards beyond traders’ expectations. Compared with August’s estimates, stocks were up by 461 Kt (56.4… Read more » Download
Corn Market 358 WORLD: What is China’s demand for corn in 2023/2024? From 01/09 to 08/09, the price of December delivery in Chicago rose by $1/t to stand at $191/t. Prices have remained relatively stable over the past week, with traders awaiting the release of the USDA report on Tuesday. Traders are focusing on the impact of the… Read more » Download
Corn Market 357 WORLD: US yields revised downwards From 07/07 to 14/07, the price for the September delivery in Chicago gained $7/t to reach $199/t. Despite heavy stocks from 19/08 to 25/08, the price for December in Chicago fell by $2/t to $192/t. Notwithstanding the volatility linked to the situation in the Black Sea, prices in Chicago have… Read more » Download