Corn Ear of Sweet
Friday’s trading has midday prices 8 1/4 to 16 1/2 cents higher so far.
Dalian Corn Prices were 2,740 yuan/MT (~ $10/bu) at the close yesterday. That is up 7.5% from the low into August, but still down 10% from the April high.
France reported corn harvest reached 5% complete as of 9/5. Brazil’s CONAB trimmed their 21/22 corn crop by 1.2 MMT to 113.3 MMT in their Sep report.
Sep 22 Corn is at $6.91, up 16 1/2 cents,
Nearby Cash is at $6.90 3/4, up 15 cents,
Dec 22 Corn is at $6.82, up 13 1/2 cents,
Mar 23 Corn is at $6.86 1/2, up 13 1/4 cents,