Corn Prices Decline Heading into the Weekend

Reported 2 days ago

The corn market concluded Friday with prices dropping 1 to 4 ¾ cents, closing with a national average cash corn price at $3.83 3/4. While December contracts saw a slight increase of ¾ cent for the week, the average closing price in October so far stands at $4.20, which is below last year's harvest price. Trade talks with Canada have been halted, affecting the U.S. ethanol market, and Argentina's corn crop has shown a slight increase.

Source: YAHOO

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