# Corn Weekly Report

> Chicago March corn tested 492 cents per bushel during the week but closed at 485.5 cents, up 0.2%. US corn shipments rose to 1.2 million tonnes in the week ended November 30, and ethanol output increased. Rainfall improved in Brazil and Argentina, though South American weather concerns persist.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9992-corn-weekly-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong US export inspections support prices, while improved South American rainfall reduces the risk premium. Net, corn is near unchanged.

## Read by commodity

- CORN: neutral

## Sources

- stonex.com: https://www.stonex.com/en/insights/corn-weekly-report-2023-12-11/

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