Market Overview

Corn Futures Little Lower

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March Corn is trading at 356 3/4, down 1 1/2 cents/bushel.

May Corn is trading at 363 3/4, down 1 1/2 cents/bushel.

Corn futures are trading a little lower on the session. Chatter about Southern Hemisphere corn and soybean production and the USDA crop report due out Thursday at 12:00 p.m. ET is making the rounds.

China's Commerce Ministry said on Wednesday that it increased dumping tariffs on imports of distillers' dried grains (DDGS) from levels it first proposed last year, anti-dumping duties will range from 42.2 percent to 53.7 percent and anti-subsidy tariffs will be between 11.2 percent and 12 percent. The rates will take effect from Thursday and will last for for five years.

Posted-In: Corn futuresFutures Commodities Markets

 

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