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International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 2023)

Agus Dwi Darmawan 27/07/2023 14:46 WIB

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International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 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 549.25 per bushel. This is equivalent to Rp 3,250.5 per kg, calculated using Bank Indonesia's recorded exchange rate of Rp 15,030 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 551.04 per bushel. This average price is higher than the previous week's USD 501.86 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price in July was USD 523.14 per bushel, down 9.11 percent compared to the previous month's price of USD 575.6 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 3,250.5 per Kg (Thursday, July 27, 2023)

International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 2023)

International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 2023)

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International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 2023)

International Corn Price at Rp 3,250.5 per Kg (Thursday, July 27, 2023)

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