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The widely cultivated cereal grain corn, often known as maize, is a member of the grass family. It may be identified by its tall stalks and large ears, which contain edible kernels. Corn is a common dish that is prepared in a variety of ways in several cultures all over the world. The kernels might be multicolored, white, or yellow, depending on the variety. It is abundant in carbohydrates and provides dietary fiber, vitamins, and minerals.
Request for Real-Time Corn Prices: https://procurementresource.com/resource-center/corn-price-trends/pricerequest
The versatile crop can be used to produce various products, such as cornmeal, cornflor, corn oil and corn syrup. It is also used to produce biofuels, industrial commodities like textiles and textile adhesives, and animal feed.
Key Details About the Corn Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Corn price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The corn price chart, including India Corn price, USA Corn price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Corn Price Trend:
Corn is a key ingredient in numerous food products. It is used to create a number of meals, including corn syrup, cornmeal, and corn flour. Additionally, ethanol, a biofuel and ingredient in alcoholic beverages, is produced from maize. It is very important in the creation of animal feed. Being rich in nutrients and energy, it is a great feedstock for livestock, poultry, and aquaculture. Utilizing maize derivatives like starch and its components like dextrose and high-fructose corn syrup, industrial goods are created. They work in the production of paper, textiles, adhesives, and other industrial goods as well as bioplastics. Corn-based products, such cornflour, are used in the cosmetic and pharmaceutical industries. They serve as absorbents, excipients, and binders in tablet formulations.
Key Players:
- DuPont de Nemours Inc
- The Archer Daniels Midland Company
- KWS SAAT SE & Co. KGaA
- Limagrain UK Ltd
- Cargill Incorporated
- Bunge Milling Inc
News & Recent Development
- 18 May 2023: Corn set for 2nd week of losses on dismal demand, ample supplies: According to a weekly report from the U.S. Department of Agriculture (USDA), cancellations from Chinese customers accounted for approximately 339,000 tonnes of the net sales reductions of U.S. old-crop maize in the week leading up to May 11. 74,000 tonnes of new-crop maize were sold over the net.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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