Austin Schroeder at Barchart.com said “Corn futures are extending the gains into Wednesday morning, with contracts up fractionally to 2 ¼ cents. Longs in the corn market were adding some risk back on during the Tuesday session, with contracts up 2 to 6 cents at the close.” Keegan Madigan at Total Farm Marketing said “The next two months of weather will be crucial for Brazil’s second crop corn. A delayed soybean harvest has slowed corn planting, with CONAB reporting just 5.3% complete to start the week, compared to 19.8% last year.” ADM executives say the company outlook is clouded due to uncertain biofuel and trade policies. Keegan Madigan at Total Farm Marketing said “Strong demand has been the main driver of fund buying in corn. However, for prices to sustain above $5, the market will need continued bullish fundamentals, especially given the near-record fund length in corn.”