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International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

Agus Dwi Darmawan 14/02/2023 14:45 WIB

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International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 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 rising. Daily trading saw corn priced at USD 683.75 per bushel. This is equivalent to approximately Rp 4,100 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,220 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 677.64 per bushel. This average price is lower than the previous week's USD 679.5 per bushel.

Meanwhile, monthly corn prices have shown an upward trend over the past 30 days. The average corn price in February was USD 677.55 per bushel, a 1.15 percent increase compared to the previous month's USD 669.86 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 4,100 per Kg (Tuesday, February 14, 2023)

International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

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International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

International Corn Price at Rp 4,100 per Kg (Tuesday, February 14, 2023)

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