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Grain futures traded higher on Tuesday, with winter wheat leading gains after a USDA crop progress report lowered winter wheat quality for a second straight week. December corn rose 2.25 cents to $3.70 while crude oil fell about 3% below $56 per barrel amid oversupply and trade war worries.
Routine session wrap with technical buying; the modest crop-condition downgrade gives wheat a small supportive push while energy weakness weighs on feed and ethanol-linked values.
highlinegrain.comNov 19, 2019Not 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.
