Fund to reorient portfolio CBoT corn prices benefit

The rise of the price of the CBoT Maisfutures is attributed to two large fund companies reorient their portfolios at the beginning of the year.
Kaname Gokon, brokers in Tokyo writes today on his customers, that the realignment of funds supported the Maisfutures. Exports of U.S. corn is currently calm.
Manager of standard & Poors, and Bloomberg commodity index had already announced last fall that they want to increase the proportion of maize and Weizenfutures in their index calculations in the year 2017. The Fund usually adjust their weightings of the Fund early January.

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