Corn futures prices for March rebounded to $4

Corn futures prices for March rebounded to $4.89 after slipping earlier in the week, supported by strong weekly export inspections. Market analysts point to Ukraine’s limited grain shipments as an additional supportive factor. “I’ve been at it 365 days multiplied by 45,” Holt told local outlet News Channel 5 [1]. “I don’t miss a day hauling my slop. It’s that important to me.” That daily trip will soon end. Starting next spring, Jack Daniel’s will halt its Cow Feeder Program, cutting off free or low-cost access to distillers’ grain that hundreds of local farmers depend on. Price action: December corn fell 2 3/4 cents to $4.19, near the session low. For the week, December corn lost 3 cents. Corn futures prices moved higher to $5.01, with traders noting a shift in speculative positioning toward long contracts as fund managers hedge inflation exposure through commodities.