Category: Commentary

Corn prices shot higher on Wednesday, reaching the highest level in over one month. This seems like more of a technical move, rather than any change in the fundamentals. Prices broke below previous support at 2,220 yuan per ton during Monday’s day session but then saw heavy volume buying in Monday’s night session. Tuesday saw… Continue reading Futures Recap

Corn futures were lower to start the week as the front-month contract rolled to November. September corn held its previous lows at 2,235 yuan per ton. November corn saw volume spike to 693k contracts, up from 265k on Friday. Prices fell below the previous low at 2,201 but saw a large influx of buyers in… Continue reading Futures Recap