Price: €11.00
Member Price: €0.00

Corn: trade in France benefits from less import pressure

February 13, 2020 at 12:35 PM , Der AUDITOR
Play report as audio

PARIS. The corn market gained on the futures exchanges in the USA and Western Europe. On the physical market, corn prices remained rather depressed, even though corn imports from third countries into the EU decreased visibly. As Ukrainian corn is increasingly being shipped to China, this will ease the pressure on the French market to Spain and Italy. Corn is more attractive to feed manufacturers than wheat.

US corn was quoted at USD 3.80 per bushel in Chicago at noon, which is 2 cents lower than yesterday. In Paris, corn increased by EUR 1.00 to EUR 167.75 EUR per metric tonne. Hopes of a rapid economic recovery in China had given stock market values and raw material markets a boost again. On Tuesday, China still reckoned that new infections would decrease and that the epidemic could be over by April. This assessment seems to be outdated, as media reports indicate that the number of infection cases has increased dramatically. It remained unclear whether the US trade was already deduc

View related articles

Go to the News Overview
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.
Grains
Jun 12, 2025
LIMA/SUCRE. Contrary to expectations, the result of the Peruvian crop was sobering. This is also driving up prices in Bolivia. On the Indian market, however, prices have fallen in recent weeks.
Grains
Jun 3, 2025
BRUSSELS/DALIAN. EU imports have declined by a shocking 40%. Enthusiasm for millet is low in China.