Although grains condition is looking strongly optimistic for the second quarter, global supply is looking short as exports continue to be in demand.
Amid trade wars between the U.S. and China, corn stocks remain steady. Experts see a favorable market for corn in the coming days.
Corn shook up the agricultural stock market, ending with a massive close at 175 million bushels for exports and 2.127 billion bushels for ethanol.
Poor weather conditions are hampering grains productions across Brazil and Argentina, threating a lower global production.