Corn SHATTERS Record Highs! Why Demand is EXPLODING Now!
Did you know December corn usage just shattered a major record? An astonishing 488.26 million bushels were consumed for ethanol production, marking a new monthly high and a significant 5.1% increase from the previous month. This impressive surge comes as corn futures are posting robust midday gains, with cash prices also on the rise across the board. Furthermore, global demand is clearly intensifying, highlighted by a substantial 134,000 metric ton purchase from a South Korean importer overnight. Clearly, the forces driving corn prices upward are powerful and multifaceted. Stay ahead of these crucial market shifts by subscribing to our channel for more vital financial insights.
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