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International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

Agus Dwi Darmawan 11/04/2023 14:24 WIB

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International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 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 633.75 per bushel. This is equivalent to Rp 3,718.9 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 14,900 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 646.29 per bushel. This average price is higher than the previous week's USD 640.46 per bushel.

Meanwhile, monthly corn prices have shown an upward trend over the past 30 days. The average corn price in April was USD 645.96 per bushel, a 1.98 percent increase compared to the previous month's price of USD 633.4 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 3,718.9 per Kg (Tuesday, April 11, 2023)

International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

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International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

International Corn Price at Rp 3,718.9 per Kg (Tuesday, April 11, 2023)

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