Corn on CBOT

As per reports, the price of corn on the CBOT is up 1-2 cents per bushel. The solid U.S. cash markets, early strength in crude oil futures, and a weaker currency, which tends to make American commodities more competitive internationally, all support corn futures in light holiday trading. Early movements of the current CBOT December corn contract remained within Monday's trading range. Late on Monday, the USDA reported that the U.S. maize harvest was 96% complete, which was higher than the five-year average of 90% but less than the average expert expectation of 97%. Last traded price for CBOT December corn was $6.61-1/4 a bushel, up 1-3/4 cents.