Global corn export market stopped

Published 2024년 1월 16일

Tridge summary

The price of corn remained unchanged in China in March, with limited movement in the export market due to the Chicago Stock Exchange being closed for a holiday. Prices for corn starch increased for the third consecutive day, while the prices of eggs and pigs fluctuated in China. In Argentina and Paraguay, the corn market was also stagnant, with few offers and no significant changes in prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In China, the price of corn remained unchanged in March. Without the reference from Chicago, the corn export market was at a standstill this Monday, according to information released by TF Agroeconomic. The Chicago Stock Exchange had no indications because yesterday was a Martin Luther King holiday in the United States. “Prizes remained at $65 in July/24, at $65 in August/24, $65 in September/24 and remained at $60 for October/24, in the port of Santos. The movement of companies was limited to loading/receiving purchases made previously”, comments the consultancy. In China, the price of corn remained unchanged in March. The value of corn starch, in turn, registered an increase for the third consecutive day, rising by another 10 CNT/t. Eggs fell again, decreasing by another 9 CNY/500 thousand units, while the price of pigs showed a significant increase of 325 CNY/t. “In Argentina, on the corn side, there were no surprises in today's round, with few offers for the cereal, all in the ...
Source: Abramilho

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