Corn futures price spot month corn futures price rose

Spot month corn futures price rose slightly to $4.93, tracking strength in the wheat market. Cross-commodity traders often note corn’s correlation with soft red winter wheat, especially during overlapping harvest timelines. Shrinking ICE Inventories and Heavy Rain in Vietnam Boost Coffee Prices Issued four times a year by the National Agricultural Statistics Service (NASS), these reports offer updates on stocks of corn and other major grain & oilseed crops by state and by position (on- or off-farm storage). Corn futures price rose marginally to $4.92 as speculative traders re-entered positions on rumors of an upcoming export deal with Japan. Market insiders caution that such deals often take time to finalize and impact prices.