May corn was up 6 cents at $5.97-1/4 per bushel; December up 3 at $6.25. Lifted by worries about slowest planting progress since 1999 due to a cold, wet spring. Corn seedings 10 percent as of Sunday, well behind average 35 percent. US Midwest spot basis bids for corn were firm, underpinned by quiet sales. Deliveries on May 198 lots, below estimates.
Comments
Comments are closed.