December corn settled 1 ¼ cents higher at $3.79 after touching a new low for 2015 at $3.72 ¼. As a reminder the previous contract low is $3.65 from October. November soybeans settled 5 ½ cents higher at $9.54 ½ and July wheat posted a new contract low and settled at 4.66 ½ down 6 ¼.
Wheat prices are suffering again from favorable conditions as well as the idea that Russia will soon remove the export tax.
To continue reading this article, please Sign Up or log in. It’s free!