Argentina: Export corn, some premiums rose

Published 2024년 5월 27일

Tridge summary

Argentina's corn market sees fluctuations in premiums and prices for various periods and locations, including an increase in September's premium to $58/bushel. Meanwhile, China's corn prices experienced a decline. The Argentine market also has offers to purchase corn in March/25 with fluctuating prices. Additionally, the approximate prices of Argentine corn FOB are around US$194 to US$242 in different locations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Argentina's corn market maintained its dynamism this Friday “In China, corn prices interrupted their two-day rise” In the corn market for export, premiums rose for July and September, according to information released by TF Agroeconomic. “Premiums remained at $67 cents/bushel for July/24; fell $1 cent to $55 in August/24; they rose $8 cents $58 in September/24, remained at $50 in October/24 and at $55 in November, in the ports of Santos and Tubarão”, he comments. “In China, the price of corn interrupted its two-day rise and fell again by 12 CNY/t for July and 8 CNY/t for September. The price of corn starch, in turn, fell by 18 CNY/t for July and 14 CNY/t for September. The price of eggs closed unchanged for May and increased to 82 CNY/500kg for June. And the pig price closed again unchanged for May and down 40 CNY/t for July”, he adds. The Argentine corn market maintained its dynamism this Friday, with several delivery possibilities, including offers to purchase corn in March/25. ...
Source: Abramilho

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