Weekly Winners & Losers
May corn was one of the lone winners in ag commodities last week, with a strong close on Friday coming on the back of the 8th export sales flash to China in 10 business days.
China’s 2-week buying spree sits at 2.8mmt (110 million bushels) of old crop corn, pushing the May-July inverse to new highs north of 20 cents to end the week.
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