In another stroke of luck, New York dairy farmers have been well - positioned in recent years because they tend to grow much of their own feed corn, putting them at a competitive advantage over their larger California competitors: West Coast dairies are struggling with the high price of corn brought on by international demand, drought conditions and ethanol subsidies. (timesunion.com)
CME Group staff determine the daily settlement price of corn based on trading activity in the last minute of trading between 13:14:00 and 13:15:00. (us.etrade.com)
Investors should note, however, that the underlying assets are corn futures, and that as such CORN won \» t always replicate movements in the spot price of corn perfectly. (commodityhq.com)