The corn market saw steady gains on Friday, with December up 8 ¼ cents for the week. Cash corn price averaged $3.91 1/4. December corn futures closed at $4.22, the harvest price for crop insurance. Ukraine’s corn exports in October dropped to 0.8 MMT, while Argentina’s corn crop was 35% planted. Dec 25 Corn closed at $4.31 1/2, Nearby Cash at $3.91 1/4, Mar 26 Corn at $4.44, and May 26 Corn at $4.52 1/4. No positions in mentioned securities. Source: Barchart.com.
Read more at Yahoo Finance: Corn Heads on the Higher Side of Unchanged to Close Out October
