Trump's statements also created a bearish mood for US corn, although the losses were somewhat more moderate towards the end of the day. The leading corn futures were down 2.75 US cents and recorded a settlement price of €185.20/t. In addition to Trump's political plans, the soon-to-be-published USDA report was the main reason for the red signs. Many market participants expect that the cultivation of maize could increase further and thus also the possible harvest forecasts. Yesterday's trading day provided few surprises for Euronext maize. The June futures price rose by 0.50 to 219.75 €/t.
Source
VR AGRAR
