Agriculture Department The United States (USDA, for its acronym in English) reported that world production Maize 1,168.4 million tonnes for the 2022-23 cycle, with end list 300.8 million tonnes.
market expert cereal, Samuel Sarmiento Games It is learned that with this report the Chicago Stock Exchange reacted by suppressing the priests of cereal Below
« The United States remains in the first place with 353.8 million tons, an increase of 900 thousand tons compared to the previous month and with a final inventory of 30 million tons, an increase of 300 thousand tons. While world wheat production will be 782.7 million tonnes, of which 18 percent will be produced by China, 13 percent by India, 12 percent by Russia, 6 percent by US, 4 percent by Canada and Australia, 3 percent by Ukraine and 2 percent by Australia. Argentina,” he said.
So this Wednesday’s promise Maize By December 2022 he had lost $1.2 to settle at $261.60, meaning the estimated income to the producer of $6,050 per ton of corn, while the promise Maize By July 2023, they fell by $1.5 to $262.19.
On the other hand, futures wheat By December 2022 they had lost $7.8 to settle at $296.34, meaning the estimated income to the creator of $6 million 454 per ton wheat cookable while promise wheat By July 2023, they fell by $6.6 to $310.39.
