16.
04.24
08:45
Matif with slight growth

Mexico buys 165,000 tons of US corn

Prices for maize on the Matif in Paris were friendly at the closing bell. The front month of June rose by 1 euro/t and the follow-up contract also closed firmer than on Friday at a price of 198.50 euros/t. The situation on the cash markets remains manageable. Prices were unchanged at the start of the week. On the CBoT, maize headed south again yesterday. Last week's export inspections show that 1.3 million tons of corn were loaded, around 7.7% less than in the previous week. Mexico was the largest buyer of US corn with around 430,000 tons. Overall, the current marketing year remains a strong corn export year. At 28.6 million tons, total exports are around a third higher than the volume at this time last year. Price support was provided by the announcement of a further export deal with Mexico for 165,000 tons. The fact that maize contracts nevertheless left the session with a red sign is mainly due to the stronger US dollar. There are currently signs of marginal losses for maize in pre-market trading.

Matif with slight growth
Source
VR AGRAR
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich