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World corn prices eased as traders watched US weather, with good rain forecast for the corn belt and improved crop conditions. CBOT corn rose $8-9/t, with Sep at $205.10/t.
Gulf and other origin prices were mostly steady, and DDGS prices edged up on an FOB basis.
Favourable US weather tends to cap corn and DDGS prices, while firm soymeal values keep DDGS competitive as a protein and energy source for feed buyers.
benisonmedia.comAshwani VermaJul 31, 2023Not 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.
