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Wednesday, June 01, 2016

Corn hits a 10 month high, but can we use it?

By Angus Brown  |  Source: CME, ASX, Trade

Corn prices in the US have recently had a surge, hitting a 10 months high on Friday night. As the world’s major benchmark feed grain price, rising corn prices should be good news for local growers, so what will it mean for local prices is corn stays above $225/t.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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