Corn market awaits WASDE

Some fundamental information came out last week to drive corn futures prices, but the dominant market factor was the risk-off/risk-on trades of the speculative community. This allowed corn to drop to short-term support around $4 for the Mar-21 contract before retracing to near $4.20 [...]

EU-27 corn production estimate revised lower

As of late October, the European Commission’s 2020/21 EU-27 corn production estimate was 60.2 MMT, down 10.0 MMT from its August estimate, per Reuters. The EU has sourced most of its corn imports from Ukraine in recent years, but with both the EU and [...]