International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

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Agus Dwi Darmawan 08/06/2024 15:36 WIB

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International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 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 falling. Daily trading saw corn priced at USD 448.75 per bushel. This is equivalent to Rp 2,865.3 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 16,220 per dollar.

Based on Katadata Insight Center (KIC) calculations from historical data available on Yahoo Finance, the average corn price over the last week was USD 445.86 per bushel. This average price is down compared to the previous week, which recorded USD 460.89 per bushel.

Meanwhile, on a monthly basis, corn prices have shown an upward trend over the last 30 days. The average corn price for June was recorded at USD 445.2 per bushel, down 2.08 percent compared to the previous month, which stood at USD 454.66 per bushel. The highest average monthly corn price in the last 12 months was recorded in July 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: Rp 2865.3 per Kg (Friday, June 7, 2024)

International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

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International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

International Corn Price: Rp 2865.3 per Kg (Friday, June 7, 2024)

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