On September 22-29, CBOT corn prices declined by 2.2%. Last week heavy rains delayed corn harvesting in the USA.
Farmers threshed corn from 15% of the intended area (16% in 2015), which was 4% below the five-year average. However, favorable weather conditions established in many producing regions, which allowed increasing the harvesting pace, and pressured prices on CBOT. (UkrAgroConsult/Business World Magazine)