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International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

Agus Dwi Darmawan 24/03/2023 14:29 WIB

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International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 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 634 per bushel. This is equivalent to Rp 3,831.2 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,350 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 631.75 per bushel. This average price is higher than the previous week's USD 624.18 per bushel.

Meanwhile, over the past 30 days, monthly corn prices have shown a downward trend. The average corn price for March was USD 629.86 per bushel, down 6.5 percent compared to the previous month's USD 673.67 per bushel. The highest average monthly corn price in the past 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 3,831.2 per Kg (Friday, March 24, 2023)

International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

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International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

International Corn Price at Rp 3,831.2 per Kg (Friday, March 24, 2023)

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