Corn set for biggest monthly gain in more than two years


Colin Packham, Reuters

via Financial Post (CAN) - Apr 30, 2021


CANBERRA — U.S. corn futures edged higher on Friday, as the grain was poised to post its biggest one-month gain in more than two years on global supply concerns...


... Corn up 15% during April, the biggest monthly gain since May 2019.


Corn hit a near 8-year high of $6.84 a bushel earlier in the week.


“The market is tightening. Demand is strong and the market is still trying to figure out production in South America and the U.S,” said a Melbourne-based grains trader who declined to be named as he is not authorized to talk to the media.


Corn export sales...