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Higher Corn Prices Highlight Concerns for Argentina’s Crop

Published January 4, 2021

Last week’s spike in the corn market shows traders are concerned about the Argentina’s corn crop. “There’s news about Argentina not allowing corn exports until at least March 1 and they may have to go beyond that time period, depending on the weather in the next 30 days,” explained Mike Zuzolo, president, Global Commodity Analytics and Consulting. “January is a grain fill time period for the crop.”  The run up in the corn price verifies for Zuzolo that global corn supplies are tightening.

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Categorized Under: Latest NewsMarkets
Tagged Under: Global Commodity Analytics and Consultinggrain marketscornMike Zuzolo
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