People are also reading…
“Despite the strong tone of demand in both export sales and ethanol usage, the corn market remained bear-spread with limited gains or extended selling pressure in the July contract,” Total Farm Marketing said. “The strong planting pace, prospects of large Brazil corn crop, and crop-friendly weather forecast have seen end users comfortable with front-end supplies, limited upside currently on old crop corn prices. July corn futures are 4½ cents lower on the week going into Friday trade.”