Loading…
Grain futures declined on Monday, with March SRW wheat closing at $5.56 a bushel, down 1.6%, and Kansas HRW down 1.5%. Euronext wheat fell 2.5% and March corn dropped 0.5%.
USDA data showed US winter wheat planting 97% complete and 55% of the crop rated good to excellent.
The broad decline reflects better US crop ratings and a stronger dollar, which lower export competitiveness and pressure feed grain prices.
blog.sizov.reportAndrey SizovNov 26, 2024blog.sizov.reportAndrey SizovNov 28, 2024Not 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.
