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International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

Agus Dwi Darmawan 24/07/2023 15:05 WIB

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International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 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 rising. Daily transactions show corn trading at USD 545 per bushel. This is equivalent to Rp 3,224.1 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 529.86 per bushel. This average price is higher than the previous week's USD 505.32 per bushel.

Meanwhile, monthly corn prices have shown a downward trend over the past 30 days. The average corn price in July was USD 516.25 per bushel, down 10.31 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 3,224.1 per Kg (Monday, July 24, 2023)

International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

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International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

International Corn Price at Rp 3,224.1 per Kg (Monday, July 24, 2023)

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