CBOT corn prices fall amid rising crop forecasts for Brazil and the US

CBOT corn futures declined for May 23-30.
Corn price fell by 15.4 cents to 444.0 cents per bushel over the week.
Prices are under pressure due to higher corn harvest forecasts in Brazil, while the expected precipitation in the states of Paraná and Mato Grosso do Sul in the coming days reduces weather uncertainties. The potentially record-breaking corn harvest in the US is also not adding to the upward momentum of prices.
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
BLACK SEA OIL TRADE-2025: New Rules, Old Risks – How Grains & Oils Will...
Soybean yields decline due to hot weather in the US
Bangladesh issues tender for wheat procurement
US agricultural trade deficit reaches record $20 bln and continues to grow
A new market research by UkrAgroConsult opens up prospects for agricultural export...
Write to us
Our manager will contact you soon