Corn prices fall due to the good start conditions in Latin America

The courses of the CBoT Maisfutures today remain close to their lows, which were the beginning of October. Almost perfect sowing conditions in Brazil will allow no market fantasies.
The supply of corn from the United States is huge, and soon to be even South America, with a large crop if the weather's still involved. The last USDA - according to report nearing harvest 2016 in the United States now to the end.
In Brazil, where the maize sowing is heading for now at its peak, it rained so far even in the dry regions.
The US dollar could cheapen today against other major currencies something himself, remains still on its 11-month high reached yesterday.

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