CBOT corn prices lost 1.32%

14.11.2016

During the period under review (November 03-10) CBOT corn prices lost 1.32%, reports UkrAgroConsult. Spot US corn export prices fell by USD 6/MT. Brazilian corn supply prices decreased by USD 2/MT.

The following factors pressured CBOT prices:corn cme

- November USDA WASDE report, in which global corn production estimate for season 2016/17 was raised to record high;

- increase in corn harvesting pace in the USA.

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain and Oil" and "Online market review" by UkrAgroConsult.

 

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