International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

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Agus Dwi Darmawan 30/06/2023 14:52 WIB

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International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 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 535.25 per bushel. Converted to Indonesian Rupiah (IDR), this is equivalent to Rp 3,160.9 per kg. This price is calculated using the Bank Indonesia exchange rate of Rp 15,000 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 577.29 per bushel. This average price is higher than the previous week's USD 575 per bushel.

Meanwhile, over the past 30 days, monthly corn prices have shown a downward trend. The average corn price for June was USD 575.6 per bushel, down 0.97 percent compared to the previous month's USD 581.25 per bushel. The highest average monthly corn price in the last 12 months was recorded in October 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 3,160.9 per Kg (Friday, June 30, 2023)

International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

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International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

International Corn Price at Rp 3,160.9 per Kg (Friday, June 30, 2023)

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