Corn Leads Grain Markets, Despite Bearish Trends

Corn futures surged, earning its king of the grains title, while soybeans, meal, and oil faced downside pressure. Chinas purchases couldnt offset rising tensions over U.S. arms sales to Taiwan. Wheat futures remained bearish, and cotton hit contract lows. South American crops look supported by coming rains, with corns resilience potentially lifting other grains. Keep an eye on exports and the USDAs planting report for future moves.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.