The global market of maize has experienced a downturn in May xxxx as an influx of freshly harvested volumes from South America combined with strategic export decisions from key players reshaped price dynamics across major trading hubs. This oversupply drove export prices sharply downwards while South American countries like Brazil and Argentina capitalized on their harvest cycles to release sizeable maize volumes into the international market. The United States which is a traditionally steady exporter of maize has held back shipments to China and created an isolated tightness in the Chinese domestic market. This complex interplay between harvest surpluses, controlled export volumes and steady demand from downstream sectors in pharmaceuticals, nutraceuticals and food industries have resulted in a highly fragmented price landscape in May.
The South American export markets for maize experienced decline in prices by xx.xxx to USD xxx per...
