AgResource Corn Comment and Analysis
CBOT Corn Ends Firm but Unable to Hit New Rally High: CBOT futures ended slightly higher. The market is consolidating near Dec’s early 2020 highs. Technically, corn futures are heavily overbought, with fresh demand news needed to sustain fresh speculative buying. US exporters sold 123,000 MTs of corn to Mexico and another 345,000 MTs to…