
Corn rallied the week after the December WASDE showed a tighter balance, with China and Brazil reducing their production forecasts. Analysts raised their 2024/25 Chicago corn average forecast to $4.35 per bushel from $3.90, and expect the market to consolidate near $4.50.
Western hemisphere harvests are complete and South American planting is progressing well.
Lower Chinese and Brazilian production and tighter US stocks support corn prices, although harvest pressure has eased. Buyers should expect firm corn prices with limited downside in the near term.
Na 1.040 eerdere opwaarts rapport-gebeurtenissen bewoog Maïs zich mediaan +0,5% over 5 sessies (62% hoger; middelste helft -0,9% tot +2,0%), en +0,8% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.