Corn closed higher last week. The weekly charts imply that higher prices are possible over the next few months.
World markets were mostly stable again last week. US futures markets moved lower and are showing the potential to move even lower into the new year.
Farming weekly: What is new in the U.S. agriculture market? Report with detailed analysis and commentary.
US domestic markets remain mostly quiet, but reports indicate that supplies in temporary storage are disappearing.
The world market has not worked lower with the US markets as reports indicated steady prices in Europe and Russia last week.
US markets were a little higher last week as demand for US Wheat held strong in the world markets.