Corn futures are trying to creep back higher, as Thursday trade saw things close with 5 to 6 cent gains. Spill over support from double digit gains in wheat and soybeans, as well as $3.25/barrel gains in crude oil. The CmdtyView national average Cash Corn price was up 5 cents at $3.87 1/4.
The average December close so far in October, now with just 6 trade days remaining, is $4.19. That compares to last year’s harvest price for crop insurance at $4.17 but is 51 cents below the February price.
