Corn: No Clear Trend on Argentine Corn Premiums Argentine new crop corn is currently experiencing both bullish and bearish influences. This is the main reason why premiums can't seem to find their way, as they are firm one week and weak the next. This has been the case for a couple of months.Most of the technicals/fundamentals are bullish. Argentine corn is the cheapest origin in the market, especially for destinations in Latin America, though for Asia and Africa as well. Indian corn has been competing in Asia, although the recent drop of CBOT corn has increased the competitiveness of Argentine corn there.Argentina is the only origin from South America offering corn for April, May and June shipments. From July onwards, there's a differen...