As it was informed by "Market Leader (US)"
Corn market overview: what will gain the upper hand, natural disasters of industrial growth?
The news about the military actions in Africa, as well as the growing export of corn from India and higher crop yield expected in Brazil stabilized the corn prices in early March.
Other news releases didn’t influence the trend too much as numerous investment funds (major market participants) were waiting. As a result, on March 4th the price failed to break above the local high at 744,25 $/b and declined down to $742/b.