# CBOT corn futures climb - Markets - Business Recorder

> CBOT December corn settled up 1-1/4 cents at $3.40 1/2 a bushel on August 24 after Pro Farmer crop scouts found storm-battered fields in central Iowa. Exporters sold 405,000 tonnes of new-crop corn to China, and southern Minnesota conditions improved.

- Date: 2020-08-24 · published 2020-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51641-cbot-corn-futures-climb-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Iowa storm damage tightens expectations for the top corn state, while Chinese buying supports export demand. Together these point to firmer corn prices for feed buyers.

## Read by commodity

- CORN: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40014241

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.