The courses of the CBoT corn futures rise morning today to its highest level since July 1. Forecasts for the Midwest announce the United States hot and dry weather concerns is added, that global supply situation is yet not so lavish as in recent weeks.
La Nina is a constant topic of conversation among traders of the agricultural Exchange. But, the fact is that the huge acreage and crop prospects are very well today, so the statement by analysts at the National Bank of Australia this morning.
But, the USDA expects that the demand for corn from the United States in the coming months will be big.
