Thundershowers in the United States and following by them floods influenced on the growth of cost of corn.
According to experts, the cost of corn for a year and a half attained a maximum for this interval – almost $200 for one ton. For a month there was a growth almost on 50 cents.
In the third month of year the futures on this product grew almost on 5 points - to $3.7450 for a bushel. Besides, a contract for May rose in price almost on 4 points - to $3.8250 for a barrel, that compelled smart dealers from the states to strengthen activity, to compensate the further appreciation of value of corn.
Informative source - proagro.com.ua
