Corn prices on Euronext continued their downward trend. The most traded March date lost 1.75 €/t to 209.50 €/t. The recent rainfall and the resulting good growing conditions in South America suggest a good harvest, which is depressing prices. However, export data from the USDA showed an increase of 2.66% compared to the previous week. Shipments in the current marketing year total 10.028 million tons (394.81 million bushels), an increase of 37.54% compared to the same time last year and the best start since the 2018/19 marketing year.
Source
VR Agrar