Analysis

Demand for corn shifts towards cheaper South American supplies

By Ed Scamps, Cloudbreak Grain Marketing
July 15 2022 - 1:00am
US corn under pressure

December corn futures have bounced off long term support after reaching extremely oversold levels. Prices gapped 30US cents a bushel higher on Monday but retraced all of the gains from the prior three sessions, headed back toward long-term support at 560USc/bu to start the week.

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