CBOT corn prices rose by 1.78% last week

22.03.2017

Over the period under review (March 9-16), CBOT corn prices rose by 1.78%. Despite high pace of corn harvesting in South America, several factors contributed to the futures growth:

- a technical factor (switch to May contract);

- high export contracting of US corn;

- information that Chinese importers contracted at least three consignments of US corn, with a total volume of 195 KMT for delivery in late spring – early summer. corn cme

That volume was the largest single purchase carried out by China since October 2013, reports UkrAgroConsult.

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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