The new front month in Paris climbs by 15.50 euros to 343.00 euros/t. In Germany, there are increasing concerns about availability and covering their needs up until harvest. The lack of corn deliveries from the Ukraine should affect the compound feed industry in particular. On the CBoT, prices also rise on Friday, albeit not as significantly as last time. For the March WASDE, which will be published on Wednesday, most dealers and market experts assume further production cuts, especially in South America. But US ending stocks are also likely to be lower than before. With the start of pre-market trading today, there are clear price gains for the corn futures again.
Source
VR AgrarBeratung AG