News

Corn prices rose to $180-185/t

Published May 27, 2024

Tridge summary

Corn prices have experienced a surge due to a combination of low supply and steady demand, with prices ranging from $180-185/t at the ports over the past week. According to Spike Brokers analysts, the cost of corn on the western border is expected to reach €180-185/t for loading onto a European train. Meanwhile, the new crop is also actively being traded towards the western border at €173-175/t, loaded into the same type of train.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Corn prices rose in all directions. Due to tight supply and steady demand, grain to the ports traded in the range of $180-185/t over the past week. This was reported by Spike Brokers analysts. According to brokers, they were ready to buy corn on the western border for €180-185/t with loading on a European train. Meanwhile, the new crop continues to trade actively towards the western border at €173-175/t ...
Source: Superagronom
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