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(July 1 2012) Most of the action in corn futures occurred in the last week of the month as dry weather in the U.S. mid-west caused corn prices to post very aggressive gains. In the end, corn prices finished June at $6.51 a bushel; corn prices started the month at $5.60. In the last week [...]
(May 2 2012) Exclusive to GEOnomic Investing: Corn prices were under pressure through the first half of the month; but then recovered on technical buying. On the last trading day of the month corn climbed to a three-week high; the week prior futures rallied after the U.S. announced its largest one-day sale of corn since [...]
Corn prices witnessed some volatile swings, responding in a knee-jerk fashion to changing supply and demand projections. Adding downside was speculation that the U.S., the world’s biggest shipper of the grain, will increase production 15 percent to a record, according to a report by the United States Department of Agriculture. Yields may average 164 bushels [...]