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Grain markets closed lower on technical selling and harvest pressure, according to CHS Hedging. Prices also weakened as the dollar strengthened and equity and energy markets declined.
Harvest selling and a firmer dollar add downward pressure on grain prices, which favors buyers of feed grains in the near term. The move reflects routine market technicals rather than a change in supply.
agupdate.comSep 23, 2020Not 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.
