The underlying support for the corn markets continues to be China business. “In the last two weeks, China bought 10.744 million metric tons of U.S. corn for next year,” said Krist Van Ahn, market analyst, Van Ahn and Company. “USDA is planning on 8 to 10 million metric tons of total sales from China next year. This will start to get more attention if China continues to make sales. These have been monstrous sales day after day.”
