Loading…

Corn futures traded lower on March 10 as crude oil fell $9.69 after President Trump signaled the Middle East conflict may be nearing an end. USDA left the US corn carryout at 2.127 billion bushels, while world ending stocks rose 3.76 MMT to 292.75 MMT.
Lower crude removes ethanol-linked support from corn, while a larger world carryover adds bearish pressure on prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.