Corn Prices Continue Run Higher

Corn Prices Continue Run Higher

Corn prices have moved higher for the third consecutive day as Mexico adds export purchases. (audio)

Mexico purchased another 5.2 million bushels of 2o13 corn along with 1.3 million bushels of 2014 crop to help boost the market this morning. Soybeans found enough support from the demand side to bounce back after two days of losses pulled the market down toward the $13 level. Cold weather has winter wheat growers nervous, but heavier than expected snow levels could protect some of the wheat that is at risk with 6 to 8 days of below freezing temperatures with some below zero readings included on the horizon.

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

Corn prices have moved higher for the third consecutive day as Mexico adds export purchases.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

TAGS: Wheat
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