International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

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Agus Dwi Darmawan 17/01/2023 14:48 WIB

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International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 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 669.5 per bushel. This is equivalent to Rp 3,958.7 per kg, based on the Bank Indonesia exchange rate of Rp 15,020 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 659.32 per bushel. This average price is down compared to the previous week, which was USD 672.71 per bushel.

Meanwhile, monthly corn prices have shown an upward trend over the past 30 days. The average corn price in January was USD 661.27 per bushel, a 1.21 percent increase compared to the previous month's price of USD 653.37 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 3,958.7 per Kg (Tuesday, January 17, 2023)

International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

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International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

International Corn Price at Rp 3,958.7 per Kg (Tuesday, January 17, 2023)

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