Corn prices supported by the drop in yields in the United States USDA revises downwards the American production of corn and soybeans In 2025, agricultural markets face the vagaries of the weather and Trump

While prices were beginning to rebalance on Wednesday, the last few days have seen a sharp rebound in corn and soybean prices on the Chicago Stock Exchange. Although closing on Tuesday with a very slight decline (-0.42%), the American yellow grain remained close to its highest levels in almost a year. On the European market, corn closed on Tuesday at nearly 216 euros per tonne, up more than 2% in one week and at its highest since mid-October. Alongside American soybeans, rapeseed continued to rise on Euronext, approaching 540 euros per tonne: a very high level, helped by the rise in oil prices, the fall of the euro against the dollar and the rise in the price of palm oil due to the drop in stocks in Asia. On Friday, the U.S. Department of Agriculture (USDA) lowered its corn production estimate to 377.6 million tonnes (MT) for 2024-25, down 7 MT from its previous projection in December in its monthly World Agricultural Supply and Demand Estimates (WASDE). The estimate for U.S. ...