Ag markets were decidedly mixed again Thursday morning

Weather forecasts are again weighing on corn prices. Although corn futures followed the bean market higher yesterday, bulls couldn’t sustain the upward momentum despite signs of potential technical support. Ultimately, favorable spring weather is pointing to a good fall harvest, which in turn is weighing on prices. July corn slumped 4.5 cents to $4.68/bushel late Thursday morning, and December lost 4.0 cents to $4.655.