South central kansas | IADAVE - 6/6/2023 07:56
We are told corn is cheaper in South America than here so corn is going to other countries from there.
How much corn does South America have? Surely they will run out after a while.
From Hammersmith marketing, as of June 2, 2023 for June/August 2023
Corn, 2YC FOB NOLA USA | USD 260>>240 Sep | Corn, 3YC FOB USA Pacific northwest | USD 295>>265 Sep | Corn, FOB Argentina port, upriver | USD 220>>215 Sep | Corn, FOB Brazil port | USD 240>>225 Sep | Corn, FOB France – Atlantic | USD 234/237 | Corn, FOB Romania | USD 220/225 | Corn, FOB Russia | USD 225/235 | Corn, FOB Ukraine, 30,000+ m/t | USD 215/220 | Sorghum, FOB Argentina port | USD 265/270 | Sorghum, FOB Texas | USD 285>>270 Aug
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Brazil corn
