Price: €11.00
Member Price: €0.00

Corn: market waits for low-cost offers from Brazil

February 17, 2020 at 1:07 PM , Der AUDITOR
Play report as audio

PARIS. The corn market declined slightly in Chicago and Paris. In the USA, the stock exchanges remained closed due to President's Day. The question remained whether China will stick to its import commitments in the Phase 1 deal or whether it would rather play for time. China bought larger quantities of corn in the Ukraine.

US corn was quoted just under USD 3.78 per bushel in Chicago, which is 1.00 cent lower than yesterday. In Paris, corn fell by 50 cents to EUR 168.25 per metric tonne. In the USA, the stock exchanges remained closed due President's Day. Trading remained quiet before the long weekend in the USA. The bearish factors, high corn crops in South America, and the difficulty in calculating the development of demand in China in view of the corona virus epidemic, leave their traces on the market. In this respect, the trade remained optimistic and said that in view of the very low price

View related articles

Go to the News Overview
Grains
Jul 30, 2025
KYIV/DALIAN. EU countries increased their millet imports by almost 15% in July 2025. Higher shipments from Ukraine were the main reason for this. The Chinese market shows little movement.
Grains
Jul 29, 2025
KYIV/DALIAN. The Ukrainian Ministry of Agriculture is confident about the new crop. Meanwhile, EU countries have halved their imports in July 2025.
Grains
Jul 2, 2025
KYIV/DALIAN. Millet cultivation in Ukraine is declining this year. The crop in China is expected to be sufficient to meet demand on the Chinese market.
Grains
Jul 2, 2025
KYIV/DALIAN. EU countries have increased their buckwheat imports by 22% this season. A smaller crop is expected in Ukraine in 2025.