The corn was able to follow the positive guidelines of the wheat prices in Paris and closed the trade with slight profits. After quiet trading on the CBoT, the futures ended the day in the green. Above all, the poor growing conditions in Latin America are currently supporting the courses. The analysts at Conab have revised their forecast for the corn harvest down to 112.9 million tons due to the previously weak yields, which corresponds to a decrease of almost 5 million tons compared to the estimate from December. Above all, the experts blame the lack of precipitation for the correction.
