News

Elizabeth Gilbert

Oct 17, 2024

Corn Futures Rebound Amid Declining U.S. Exports and Brazil's Rising Forecast

Corn Futures Rebound Amid Declining U.S. Exports and Brazil's Rising Forecast

CME: Corn futures recovered slightly, closing at 408.25 ct/bu, equivalent to €0.161/kg. U.S. export volumes dropped by 55%, while Brazil raised its October export forecast to 6.2 million tonnes.

Forecast

Slight price fluctuations are expected, depending on export volumes and harvest progress in the U.S. and Brazil.





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