Corn rose on bright demand prospects

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Farm commodities were mixed as weather conditions in the US improved while global demand remains uncertain.

Wheat advanced on speculation that lower Russia production is likely to boost demand for US grains. Russia output is expected to fall by annualized 5.7% over 12 month, starting from June 1.

Corn rose on expected increase in demand for US supplies. However, recent rains in the US that are likely to revive developing crops capped the upswing.

Sugar dropped on speculation that rains in Brazil that delay production in the moment may boost output later in the season.

Coffee extended previous losses after ICO reported that output prospects remain bright as crops in Indonesia, Peru, Papua New Guinea and Brazil are expected to reach record levels.
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