International Corn Price at Rp 4,059.7 per Kg (Friday, December 23, 2022)

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Agus Dwi Darmawan 23/12/2022 14:23 WIB

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International Corn Price at Rp 4,059.7 per Kg (Friday, December 23, 2022)

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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 661.25 per bushel. This is equivalent to Rp 4,059.7 per kg, based on the Bank Indonesia exchange rate of Rp 15,590 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 654.04 per bushel. This average price is higher than the previous week's USD 640.04 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price in December was USD 647.6 per bushel, down 3.55 percent compared to the previous month's price of USD 671.45 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 4,059.7 per Kg (Friday, December 23, 2022)

International Corn Price at Rp 4,059.7 per Kg (Friday, December 23, 2022)

International Corn Price at Rp 4,059.7 per Kg (Friday, December 23, 2022)

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International Corn Price at Rp 4,059.7 per Kg (Friday, December 23, 2022)

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