CBOT corn prices lost 3.49% last week

01.03.2017

Over the period under review (February 16-23) CBOT corn futures lost 3.49%, reports UkrAgroConsult.

Diverse trends were observed in the spot market. Argentinian export price decreased, meanwhile US wheat price remained unchanged, and Ukrainian corn price closed the week up USD 1. corn cme

Corn harvesting in South American countries contributed to CBOT price reduction. Latin American analysts revised upwards their estimate of Brazilian corn production, which yield is quite high. Moreover, market operators were concerned about a possible entry of a new player to the market – China.

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

 

Readers choice: TOP-5 articles of the month by UkrAgroConsult