Now is in the U.S. corn belt actually hot and dry summer weather predicted. This brings the CBoT corn prices tomorrow on a 10-day high today. The price increase is more than 3% to an hour and on Friday was the Tagesplus at 4%.
Corn and soy beans come in the coming days in the Midwest of the United States in the yield-critical growing season. Too much heat could cost income. The monthly forecast shows that it is hot and dry from late July.
Also get more bullish impulses from the demand side. India wants to submit an application on duty-free import of another 500,000 tons of U.S. corn to prevent a price rise in the country. There, corn is currently scarce. India will this season from the exporter to the importer of maize.
