March/May corn has weakened as the March contract nears expiration. However, it still remains relatively firm at -25 yuan per ton compared to last year at this time when it was trading -133 yuan per ton.
The May/Sept contract has continued to trade mostly sideways around a carry of 25 yuan per ton.
Sept/Jan ’27 also remains in a normal inverse for this time of the year.
In soybean meal, the May/Sept contract continues to be at a relatively wide carry for this time of the year with the large B...