Corn, soybean markets hit ‘limit up’ on USDA’s lower-than-expected acreage
Story Date: 4/1/2021

 

Source: Mike McGinnis, SUCCESSFUL FARMING, 3/31/21


U.S. farmers will plant lower corn and soybean acreage than the trade expected, according to the USDA. As a result, the CME Group’s corn market hit its daily limit up (25¢) trading prices.  At the close, the May corn futures settled up its daily limit of 25¢ at $5.64 1/2.

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