AgResource Corn Comment and Analysis

CBOT Corn Ends Mixed; July’s Premium Widens; Central US Weather Stays Threatening: CBOT ended mixed, with July’s premium to Dec reaching an 3-month high $.74/Bu. Old crop basis levels mostly firmed on Wednesday, particularly for late summer delivery, and the lack of weakening post-planting suggests real nationwide supply tightness. The market remains unconcerned about Central…