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... 

 

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https://financialpost.com/pmn/business-pmn/corn-set-for-biggest-monthly-gain-in-more-than-two-years