The courses of the CBoT Maisfutures rose on Friday at 1% and the highest course levels accomplish last week for ten months. Reason for this rally is a good export demand and taking offsetting positions of short positions before the long weekend. The United States celebrates its "Memorail Day" today and the stock markets there closed.
The USDA announced on Friday that private sellers had exported 130,000 tons of corn to unknown recipients. Total exports fell by U.S. corn last week with 383,000 tons satisfying. U.S. corn is competitive on the world market, until the crop from South America to the market. That is forcing exporters to rush.
