Global feed market: strong demand, U.S. corn prices continue to rebound

On Friday (December 26), Chicago Board of Trade (CBOT) March corn futures closed at $4.50 per bushel, up 1.41% from a week earlier; U.S. Gulf January shipment corn was priced at $5.265 per bushel, up 0.7%. Euronext March corn closed at 189.75 euros per ton, up 1.7%. Argentina corn upper river FOB quotation was $220 per ton, up 1.4%. Brazil B3 exchange corn futures were quoted at 69.48 reais per bag, up 0.1%. This week, international crude oil futures rose slightly, mainly reflecting concerns over supply disruptions due to recent geopolitical tensions. The global benchmark February Brent crude oil futures were priced at $60.64 per barrel, up 0.28% from a week earlier. The ICE U.S. Dollar Index closed at 97.698 points, down 0.56% from a week earlier. U.S. corn exports maintain strong momentum U.S. corn exports continue to maintain strong momentum due to low prices and ample supply. The U.S. Department of Agriculture's export sales report showed that as of the week ending December ...