Corn Prices Surge Ahead of Thanksgiving

Corn prices surged on Wednesday, with contracts rising between seven and eight cents, ahead of the Thanksgiving holiday. The national average cash corn price closed at four dollars and four cents. The market will reopen on Friday, with an early close, following the holiday. Analysts anticipate strong corn bookings, indicating continued global demand. Ethanol production also increased, reaching a near-record total. Despite a slight dip in exports and refiner inputs, the overall outlook for corn remains positive.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.