Following the bullish lead of wheat, corn contracts on the Matif/Euronext posted solid gains just before the weekend. Trading for the December date ended with the highest daily profit of 6 euros/ton. Above all, the lack of rain worries many producers. Western Europe in particular is currently suffering from a lack of precipitation. The bulls also took the lead on the CBoT. The weather front in particular provided support. Little precipitation and high temperatures are already expected for the end of August. Market participants are watching the situation on the Black Sea with keen interest. On Thursday, another three ships loaded with grain left for Turkey. The first ship to Ukraine is also scheduled to depart from Turkey this morning.
