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December corn futures fell 3 cents to $4.11 and closed at a contract low as technical selling intensified. USDA rated the crop 73% good to excellent, and a five-week high in the U.S. dollar index added bearish pressure.
Continued good crop weather and a stronger dollar keep downside pressure on corn, with prices testing a level that could trigger further stop-loss selling.
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.