Global feed market: Corn prices oscillate within a range, awaiting supply and demand report

On Friday (February 6), March corn futures on the Chicago Board of Trade (CBOT) closed at $4.3025 per bushel, up 0.5% from the previous week; corn for February shipment in the U.S. Gulf was quoted at $5.3925 per bushel, up 2.2%. March corn on the Euronext exchange closed at 190 euros per ton, down 1.7%. Argentina corn FOB quotes were $211 per ton, down 1.9%. Corn futures on the B3 exchange in Brazil were quoted at 66.78 reais per bag, up 1%. This week, international crude oil futures fell, ending a six-week winning streak, mainly reflecting negotiations between the United States and Iran in Oman, facilitated by Oman, to resolve serious differences over Tehran's nuclear program. April Brent crude futures, the global benchmark, were quoted at $68.05 per barrel, down 1.83% from the previous week. On Friday, the ICE U.S. Dollar Index closed at 97.506 points, up 0.67% from the previous week. At the beginning of February, the global corn market showed typical weekly characteristics of ...