Corn futures are maintaining the strength above the $4.20 level on the December contract at Friday’s midday, with front months up 2 to 3 ½ cents. The CmdtyView national average Cash Corn price is up 2 at $3.77
The US/Japan trade deal was finalized on Thursday afternoon, with the White House stating Japan will increase “purchases of United States agricultural goods, including corn, soybeans, bioethanol (including for sustainable aviation fuel), as well as other United States products, in amounts totaling $8 billion per year.” For reference, Japan’s annual buying of those three specific good totaled $2.5 to $4.8 billion over the last 5 years.
