International Maize Market

08-Feb-2025 08:44 AM

International Maize Market
★ The U.S. President announced that tariffs will soon be imposed on other countries as well, leading to a decline in the CBOT maize market.
★ After 48 hours, Trump suspended the tariffs on China for a certain period.
★ So far, the U.S. has secured 1.477 million tons of export deals for the 2024-25 season, with a target of 44.767 million tons.
★ An importer from South Korea has signed contracts for 63,000 tons of maize.
★ In Argentina, 25% of the maize crop is in good condition, but the overall rating has declined.