How are the global corn premiums?

Published 2024년 6월 5일

Tridge summary

The article provides an overview of the corn market in Argentina and Brazil, highlighting price trends and fluctuations. In Brazil, the export market experienced varying premiums throughout the year, with increases and decreases at different times. Meanwhile, in China, corn prices hit a record high in July and fell in September, alongside rising and falling prices for corn starch and eggs. In Argentina, the market saw stable activity with fluctuating corn prices, notably dropping to US$197 FOB in the USA and reaching US$242 FOB in France. The article was written by Leonardo Gottems for AGROLINK on June 4, 2024.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In relation to corn in the Argentine market, the number of active buyers remained “In China, the price of corn closed at a new high” The Brazilian corn market for export saw premiums rise in September and fall in July, according to information released by TF Agroeconomic. “Premiums dropped $2 cents/bushel to $60 cents/bushel for Jul/24; remained at $60 for August/24; they rose to $60 in September/24, remained at $60 in October/24 and remained at $55 in November, in the ports of Santos and Tubarão”, he adds. “In China, corn prices closed at a new high of 4 CNY/t for July and 1 CNY/t for September. The price of corn starch, in turn, fell for the eighth consecutive day by another 7 CNY/t for July and 11 CNY/t for September. The price of eggs closed at a high of 12 CNY/500kg for June and 85 CNY/500kg for July. And the price of pigs closed at a high of 740 CNY/t for July and 335 for September”, he adds. In relation to corn in the Argentine market, the number of active buyers and open ...

Source: Abramilho