Corn Market

WORLD: Acceleration of Brazilian exports From 30/06 to 07/07, the price of September delivery in Chicago remained relatively unchanged at $192/t. After a very sharp fall the previous week, prices in Chicago remained more stable last week, which was shortened by Independence Day. Traders remained cautious ahead of the publication of the USDA’s monthly report… Read more »

WORLD: Surfaces up sharply in the Corn Belt From 23/06 to 30/06, the price of September delivery in Chicago fell by $38/t to $192/t. This very sharp fall is linked to the arrival of timely rain in the Corn Belt and, above all, to a new acreage estimate that far exceeded operators’ expectations. At 26/06,… Read more »

WORLD: The weather market at the heart of concerns From 16/06 to 23/06, the price of July delivery in Chicago fell by $4/t to $248/t. Weather conditions remain worrying in the United States, with drought persisting in the Corn Belt and now affecting 64% of maize acreage. This is a considerable increase in just one… Read more »

WORLD: Weather drives up prices in Chicago From 09/06 to 16/06, the price of July delivery in Chicago rose by $14/t to stand at $252/t. The rains are still not coming to the centre of the Corn Belt, prompting speculative funds, in a net short position, to hedge. On 11/06, 61% of US maize was… Read more »

WORLD: Persistent dryness in the Corn Belt From 02/06 to 09/06, the price of July delivery in Chicago fell by $2/t to stand at $238/t. Continued dry weather in the Corn Belt is supporting prices, but rain is expected and concerns about demand remain. As of 04/06, 85% of maize had emerged in the Corn… Read more »

WORLD: Negotiations between China and Argentina From 26/05 to 02/06, the price of July delivery in Chicago rose by $2/t to stand at $240/t. The rise continues, albeit more moderately than last week, due to persistent dry weather in the Corn Belt and despite profit-taking by non-commercial funds. By 28/05, 72% of maize had been… Read more »