10/29/2024 8:00 am

Corn market is mixed this morning in 2 sided trade on Turn Around Tuesday action.

Interior basis levels holding steady with US farmer selling slowing after the 14 cent/bu pull back from last week's highs. US corn harvest is 81% complete vs 64% normally though rains at mid week in the Midwest will slow down the remaining harvest.

Look for consolidating trade with US corn competitive in the export grids into January and farmers reluctant sellers sub $4.15 CZ.

 9/12/2024