However, the two front dates on the Euronext/Matif increased on Friday. The March date closed at 295 euros/t, one euro higher than on Thursday. The dates of the coming harvest, on the other hand, are shown in red. However, the front month of March fell by EUR 2 per ton over the entire last week. The corn market continues to focus on the future of the export corridor for Ukraine and the cultivation situation in South America. The grain exchange in Rosario announced on Friday that its analysts are expecting a significant slump in corn exports. A drop of 40 percent compared to the previous year is expected for the period from March to June. In Brazil, the corn sowing for the second harvest continues. Sowing has not yet been able to pick up the pace. Contracts rose slightly on the CBoT. Ahead of today's holiday, many traders closed their positions. Support came from the export market. The USDA released a single sale of 120,800 tons of corn to an unknown buyer.
Source
VR AGRICULTURAL
