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US corn prices ride high with bullish acreage report, but for how long?

US corn prices ride high with bullish acreage report, but for how long?

FromCommodities Focus


US corn prices ride high with bullish acreage report, but for how long?

FromCommodities Focus

ratings:
Length:
23 minutes
Released:
Jul 8, 2020
Format:
Podcast episode

Description

The annual acreage report from the US Department of Agriculture saw a 5 million acre drop in corn planting from the Prospective Plantings report at the end of March. The resultant rise in corn prices coupled with low ethanol stocks lifted ethanol prices, the S&P Global Platts benchmark Chicago Argo terminal ethanol price reached its highest level in eight months seven on July 7. Join Sophie Byron, associate pricing director for agriculture in the Americas; Pete Meyer, director of agriculture analytics; and Rafael Savoia, pricing specialist covering Latin American corn, as they discuss what is happening to Americas corn crop and how the Brazil and Argentina export programs are shaping up.
Released:
Jul 8, 2020
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.