USA: Corn stands out on Chicago, ending in the green

The US market started the week in a mixed order according to commodities, with nevertheless a notable increase in corn prices. Weekly corn inspections in US ports were indeed at the high end of market expectations last week (1.13 Mt), while wheat (298 kt) and soybean (1.68 Mt) inspections remained in line with the consensus. However, the trend remains heavy across the Atlantic, given the high corn and soybean production prospects in South America. Wheat also moved hesitantly on Monday evening, still torn between the pressure of the Southern Hemisphere harvests and the anticipated slowdown in Russian exports during the second part of the campaign. However, growing conditions in Russia are increasingly causing concern in the market. Saudi Arabia also gave some support to the trend by concluding its call for tenders with the purchase of a ...