International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

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Agus Dwi Darmawan 20/04/2023 14:43 WIB

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International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 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 635.25 per bushel. Converted to Indonesian Rupiah (IDR), this is equivalent to Rp 3,715.2 per kg. This price is calculated using the exchange rate recorded by Bank Indonesia, which is Rp 14,860 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 633.46 per bushel. This average price is down compared to the previous week, which was recorded at USD 646.29 per bushel.

Meanwhile, on a monthly basis, corn prices have shown an upward trend over the past 30 days. The average corn price in April was recorded at USD 639.23 per bushel, up 0.92 percent compared to the previous month, which stood at USD 633.4 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 3,715.2 per Kg (Thursday, April 20, 2023)

International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

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International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

International Corn Price at Rp 3,715.2 per Kg (Thursday, April 20, 2023)

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