Corn prices were lower this week – down by about USD 5 m/t. An improvement in Brazil weather is said to have been one of the main factors along with the weakness seen in wheat prices. Some of the trade reports at the end of the week were saying that corn prices should be moving higher not lower and that the current slump could be short lived. Corn export prices were feeling the effect of the continued problems in the Ohio and Mississippi rivers which had pushed CIF Nola prices higher. Hopefully the river system problem will be solved in a week or two........please click PDF to see more details