International Maize Market

25-Dec-2024 08:38 AM

International Maize Market
Holiday Schedule:
Markets closed on Wednesday for Christmas.
Weekly EIA (Energy Information Administration) data will be released on Thursday morning.
Export sales data is scheduled for release on Friday morning.
Ethanol Production Outlook:
Expectations are for ethanol production to remain steady, above 1.1 million barrels per day (bpd) for the past week.
Export Inspection Report:
For the week ending December 19, corn shipments totaled 1.123 million metric tons (MMT) (44.21 million bushels).
Shipments were:
8.51% lower than the same week last year.
1.66% lower than the previous week.
Since the marketing year began on September 1, total shipments have reached 14.436 MMT (568.3 million bushels), reflecting a 26.84% increase compared to the same period last year.
These insights highlight a mixed performance in export shipments despite strong year-over-year gains. Ethanol production stability and upcoming data releases will be key factors to monitor in the short term.