Corn market digests USDA expectations, weather, global exports, analyst says
India’s corn exports are price competitive in the global market, analyst says.
Source: agriculture.com
Page 2 - December Corn News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from December Corn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In December Corn Today - Breaking & Trending Today
Charts signal upside for the corn market, analyst says
The May corn futures contract has closed above $5.53 per bushel. That is a bullish technical development and leaves $5.72 and $5.90 as the next upside targets. The outlook for tightening old-crop ending stocks and the need for a high yield to avoid extreme tightness for the new crop are factors that have supported the market. After choppy and two-sided trade yesterday, the market managed to close moderately higher on the day and up near the highs of the session. On Tuesday, the news that China bought 1.156 million tonnes of U.S. corn lent support. The announcement of the latest sale...
Source: agriculture.com