CBOT corn futures gained 2.5% last week

25.01.2017

Over the period under review (January 12-19), CBOT corn futures gained 2.52%, reports UkrAgroConsult. In spot markets US and Argentinian corn export prices also increased significantly. Ukrainian corn prices grew on average by USD 1/MT. corn cme

The recent US dollar weakening against other world currencies supported corn futures in Chicago. Weekly data on ethanol production in the USA, which again reached the record high, was another bullish factor.

Besides, information on drought in the southern regions of Argentina and excessive rainfalls in its central and northern regions supported prices. Fields waterlogging may damage crops and slow down corn sowing.

Check up prices and enjoy free online charts on our website. Daily updated commodity exchange prices (CBOT, ASX, BCE, MATIF, WCE, LIFFE) and cash market quotations for wheat, corn, barley, soybean, sunflower and other agricultural commodities in Ukraine, Black Sea region and world are available in section "Prices and Futures".

 

UkrAgroConsult

 

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