Analysis

South American corn the cheapest feed grain available

By Ed Scamps, Cloudbreak Grain Marketing
June 17 2022 - 1:00am
Cheap feed enters the market

Early June saw United States corn futures break a major support at 710US cents a bushel after headlines surrounding the possibility of an export corridor being established in Ukraine. Access to bulk shipment of Ukrainian grain would be a game changer, hence the market reacts strongly irrespective of an agreement being reached.

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