For the week, March corn was 3¼ cents lower and December ... was also accompanied by the March contract closing below long-term chart support of $12. So why didn’t that area hold?

Craig Turner with StoneX says corn and soybeans rebounded Thursday and made fresh for the move highs on fund buying but South American weather and crop concerns are also supportive.

While rice, soybean, and soft red winter wheat futures prices moved lower, corn prices rose ... premium to the CBOT futures but below the long-term norm of a 20-30 cents premium, indicating ...