During July 20-27, CBOT corn prices decreased by 4.3%

01.08.2017

CBOT prices went down influenced by weather factor – rains and moderate temperature regime in the corn belt of the USA. Additional pressure was caused  by the start of corn harvesting campaign in the USA.

The data on corn conditions in the USA limited the price reduction. As of July 23, 62% of corn plantings were in good and excellent conditions (64% the previous week, 76% in 2016).

 

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