Corn still seems to be gathering support from beans. Conditions - TopicsExpress

Corn still seems to be gathering support from beans. Conditions continue looking quite favorable for new-crop corn production, which has been putting pressure on Chicago Board of Trade (CBOT) prices. However, the oversold nature of Chicago futures at this point, as well as persistent strength spilling over from soybeans sparked modest gains from May 22. July corn rose 2.0 cents to $4.7875/bushel on May 22, while December gained 1.5 cents to $4.75.

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