Corn and beans higher last week

It was a good week for corn and beans after a news story about a possible trade deal with China and Mexico.

Both corn and beans posted a high close last week after 6 weeks of losses.

It may have been a case of sell the rumor buy the fact as last week was the first time in six weeks corn and beans saw a higher weekly close.

Both corn and beans were higher last week being supported by the weather in the U.S. and Brazil.

Both corn and beans were higher last week on good export demand and weather in Argentina.

Since the August USDA Supply Demand Report corn has been under relentless pressure.