Corn Prices Decline After Holiday Trading

Reported about 7 hours ago

Corn prices have seen significant drops at the start of the week, falling by 11 to 12 ½ cents despite some gains last Thursday. The USDA's recent export report indicated lower old crop corn bookings compared to previous weeks, although new crop sales are performing better. Reports of Indonesia agreeing to a $34 billion trade deal with the US that includes corn may impact future market dynamics. Additionally, upcoming rain is expected across the Corn Belt, affecting crop conditions.

Source: YAHOO

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