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International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

Agus Dwi Darmawan 09/03/2023 14:37 WIB

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International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 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 626.5 per bushel. This is equivalent to Rp 3,810 per kg, calculated using the Bank Indonesia exchange rate of Rp 15,450 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 635.21 per bushel. This average price is down compared to the previous week, which was USD 666.93 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price for March was USD 635.21 per bushel, down 5.71 percent compared to the previous month's price of USD 673.67 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 3,810 per Kg (Thursday, March 9, 2023)

International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

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International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

International Corn Price at Rp 3,810 per Kg (Thursday, March 9, 2023)

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