The price of corn on the Chicago Grain Exchange registered an increase of 2.75 cents on Tuesday (27/09) in December/16 contracts, closing at US$ 3.3175 per bushel. The other highlighted commodity positions closed the session with valuations between 2.75 and 3.00 points.
The North American corn market returned to delivering gains in the main futures prices, after four consecutive sessions of losses. The increases are just a reflection of a movement of correction and technical adjustment of prices, as the fundamentals remain bearish due to the forecast of dry weather in the largest producing regions.
Source: Agrolink
