International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

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Agus Dwi Darmawan 05/02/2024 15:08 WIB

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International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

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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 453 per bushel. This is equivalent to Rp 2,797.9 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,690 per dollar.

Based on historical data from Yahoo Finance, Katadata Insight Center (KIC) calculations show that the average corn price over the last week was USD 446.36 per bushel. This average price is down compared to the previous week, which was recorded at USD 447.43 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price in February was recorded at USD 447.67 per bushel, down 0.95 percent compared to the previous month, which was at USD 451.98 per bushel. The highest average monthly corn price in the last 12 months was recorded in April 2023.

"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 2797.9 per Kg (Sunday, February 4, 2024)

International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

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International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

International Corn Price at Rp 2797.9 per Kg (Sunday, February 4, 2024)

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