06.
12.16
07:45

CBoT corn prices rise 4 ½-month high

After the biggest rise for eight weeks yesterday (+ 3.5%) than a 4 ½-month high was reached, the CBoT-Maisfutures to the hour record slightly weaker. The demand for U.S. corn is huge and the farmers sell only hesitantly.
The yesterday's rally leads the agricultural broker Kaname Gokon from Tokyo today morning on a good demand, he warns but at the same time, that the United States had a great harvest and in South America, now best weather allows a very good start of the vegetation. After the rates were fixed yesterday and the basis for the cash market remained stable, some farmers delayed their offer because they are obviously waiting for even better prices.
The private agricultural consultant of Informa economics assumes that Argentina's 2016/17 - is 36.5 million tons of maize and of 25 million tons for export are available.

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