US corn futures closed lower on Friday amid a soaring dollar and profit-taking after big gains on Thursday. Crops in the northern portion of western US Midwest benefits from rainfall, while wet weather continues to slow crop plantings in portions of the south.
China plans sales of corn reserves, Dalian down - trade. US Midwest spot basis bids were steady early Friday with sales quiet. Rail corn bids softened late Thursday due to poor profit margins.
Comments
Comments are closed.