March corn futures continued to rally on Thursday, with the contract making a new year for the year. In the overnight session, the March 2026 corn traded to new contract highs.
China’s sharply lower corn imports in 2025 have reduced the linkage between Chinese and global corn markets. But the massive divergence between CBOT and DCE corn over the past week does seem notable.
Soybean meal futures have been under pressure this week. The May contract has been trading in a range from 2720 to 2860 yua...