Bullish
Corn futures close at $18.26, up 1.95%, amid strong export demand.
Over the past 24 hours, corn futures have risen by 1.95%, closing at $18.26, driven by robust export demand. The U.S. Department of Agriculture (USDA) reports that corn exports in the second quarter reached 808 million bushels, a 16% increase from the same period last year. This surge in exports has bolstered corn prices, indicating a positive outlook for the commodity.
Key points
- Corn futures close at $18.26, up 1.95%, amid strong export demand.
- USDA reports 808 million bushels in corn exports for Q2, a 16% increase year-over-year.
- No significant market-moving news reported in the past 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
