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Chicago Board of Trade grain futures made new contract highs at the end of 2020 and again on January 4 and 5, 2021. Corn and soybean prices reached their highest levels in six and a half years, and March wheat also set new highs.
Strong export demand from China and South American weather problems support corn, soybean and wheat prices, keeping feed grain costs elevated.
farmanddairy.comMarlin ClarkJan 6, 2021Not enough comparable past events yet for a historical read.
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.
CBOT corn made new contract highs on Jan 4 and 5, confirming the rally within the window.
