Posted 5/31/2023 08:20 (#10250568 - in reply to #10250558) Subject: RE: Monday June 18th 2012
It was the forecast that came out that weekend that got the market attention heading into pollination. Today the forecast is turning cooler and wetter and plants are at a stage where water uptake is minimal.
Crude oil was $85-90. US Dollar was 80. Safrina corn was significantly less.
There are other factors on the price of corn other than supply.