14.
03.22
09:46

Export deals support US corn market

In Paris, the green signs prevailed for corn. The front month increased by 4.75 euros/ton to 349 euros/ton. Futures also went north on the Chicago Stock Exchange. Above all, the solid export reports supported the price developments. The USDA confirmed a new deal worth 130,000 tons. Meanwhile, harvesting work is beginning in some regions of Argentina. The analysts from Buenos Aires expect a corn production of 51 million tons. In particular, the stocks that were planted later did not suffer as much from the drought as feared, it was said.

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