Argentina's Corn Prices Plummeted 33.31% YoY in W7 Due to Favorable Weather Conditions

Grain & Cereals

Published Feb 16, 2024

In W7, Argentina's corn prices plummeted by 33.31% YoY to USD 0.17/kg, with a 10% MoM decrease, contrary to the 2023 trend. This decline is attributed to improved weather conditions, overturning concerns about El Niño-induced drought, allowing for increased planting potential. Additionally, international corn prices have also declined due to favorable harvests in major producing countries like Brazil and the US.

Related market data

Origin market price for sourcing of Maize from Argentina to Malaysia

3 country’s domestic price data

Origin market price for sourcing of Maize from Argentina to Chile

2 country’s domestic price data

Origin market price for sourcing of Maize from Argentina to United States

4 country’s domestic price data

Origin market price for sourcing of Maize from Argentina to Vietnam

1 country’s domestic price data

Origin market price for sourcing of Maize from Argentina to Peru

0 country’s domestic price data

Origin market price for sourcing of Maize from Argentina to Uruguay

0 country’s domestic price data

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