The gap is closing between the US and European prices

The futures price of corn gets closer and closer on commodity exchanges in the US and Europe in January. The decline lasting for months has continued in Europe and in Hungary, while in the US corn prices are rising.

The front-month subscription of corn increased by 5.5 percent in Chicago (CME) in January, which meant that the price per tonne reached over 145 USD. The traffic was normal for this time of year. if It cannot be clearly stated that trend turn has arrived.