The corn market traded higher on strength from the soybean market and fund buying after a weaker start to the week. For the week the corn market lost 23 ½ cents.
Soybeans bounced on fund buying, dwindling sell orders and rumblings that China may be looking to buy US beans, pork and cotton soon.
The focus most likely will be on updated weather maps over the weekend.
Investors are said to be looking toward the USDA’s August 12
production and stocks report.
Have a good evening!!