CBOT corn futures posted gains over the week
During the week of March 13–19, corn prices increased by 7.20 USc to 469.6 USc/bu.
Rising fertilizer prices are worsening expectations for corn planting areas in the US and are also causing concern in Brazil, where farmers have not yet fully secured inputs for planting the second (safrinha) crop.
An additional supportive factor could be a potential decision by the Trump administration to once again allow the use of E15 fuel during the summer period, which would increase demand for corn processing.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Ukraine could deprive Russia of the ability to export grain from occupied territories
Corn prices in Ukraine have risen to $212–214/t
UkrAgroConsult Advises on In-House Power Generation Projects
US imposes a 20% fee for transit through the Strait of Hormuz
Polish crushers face a growing rapeseed supply deficit
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon