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International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

Agus Dwi Darmawan 27/10/2022 14:45 WIB

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International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

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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 683.75 per bushel. This is equivalent to Rp 4,198.3 per kg, based on the Bank Indonesia exchange rate of Rp 15,600 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 681.64 per bushel. This average price is down compared to the previous week, which was recorded at USD 692 per bushel.

Meanwhile, monthly corn prices have shown an upward trend over the past 30 days. The average corn price in October was USD 685.24 per bushel, up 0.7 percent compared to the previous month's price of USD 680.44 per bushel. The highest average monthly corn price in the last 12 months was recorded in May 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 4,198.3 per Kg (Thursday, October 27, 2022)

International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

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International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

International Corn Price at Rp 4,198.3 per Kg (Thursday, October 27, 2022)

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