CBOT corn prices strengthened by 2.9% last week
During April 6-13, CBOT corn prices strengthened by 2.88%, reports UkrAgroConsult.
The increase in CBOT corn futures was supported by the weather factor – rains in the producing regions of the USA may postpone the beginning of corn sowing in the country. In the southern states of the country, sowing is already lagging behind the last year's pace. Besides, the price growth was triggered by high US corn exports in the current season compared to last year.
In Argentina prices were supported by slow corn harvesting.
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