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Corn (P) Futures PricesWednesday, May 23rd, 2012Current Prices | End-of-Day Prices | Options Quotes | Spread Quotes | Profile
Corn futures hung in there at steady to slightly higher despite the stronger dollar and general sell off in commodities from the potential for a Greek exit from the Euro. This market is getting help from the recently higher wheat prices which make corn a better buy for feed use this summer than was anticipated by the USDA. If the spread remains premium the wheat, this could mean tighter corn stocks. Trade estimates call for USDA to show weekly export sales of 1.0-1.3 MMT on Thursday morning. Jul 12 Corn closed at $6.03 1/2, up 6 1/2 cents,
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