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International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

Agus Dwi Darmawan 31/05/2023 14:40 WIB

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International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

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Corn Prices Over the Past Three Months

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International corn prices for the next two-month contract are observed to be falling. Daily trading saw corn priced at USD 588.5 per bushel. This is equivalent to Rp 3,468.2 per kg, calculated using the Bank Indonesia exchange rate of Rp 14,970 per dollar.

Katadata Insight Center (KIC) calculations, based on historical data from Yahoo Finance, show that the average corn price over the last week was USD 582.14 per bushel. This average price is higher than the previous week's USD 573.5 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price in May was USD 581.25 per bushel, down 7.55 percent compared to the previous month's price of USD 628.72 per bushel. The highest average monthly corn price in the last 12 months was recorded in June 2022.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

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International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

International Corn Price at Rp 3,468.2 per Kg (Wednesday, May 31, 2023)

Tags

Related Data

South Sumatra Air Pollution Tonight (23/12) Worst in Indonesia

The number of Indonesian State-Owned Enterprises continues to decrease through 2024.

Mount Semeru Erupts Again This Afternoon, Ash Column Reaches 700 Meters Above Peak

Malang's Air Quality Cleanest in Indonesia This Afternoon (23/12)

Age Group of "Female Breadwinners" in Indonesia 2024, The Majority are Elderly

South Sumatra's Provincial Minimum Wage to Increase by 7.10% in 2026

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