CBOT corn futures strengthened by 1.3% last week

04.05.2017

During the reporting week (April 21-27), CBOT corn futures strengthened (+1.3%), reports UkrAgroConsult.

As of April 23, corn sowing slightly exceeded the market expectations. Corn had been seeded on 17% of the intended area, while the five-year average was 18% for that date.

In Argentina harvesting gathered pace and exceeded the results of last year (around 30% of the intended area). The average yield was quite high. corn cme

In Brazil, the weather was favorable for the second corn crop development. Soil moisture reserves were quite enough ahead of the pollination stage. A cold spell is expected in some regions of the state of Paraná.

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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