
December corn futures fell 2 3/4 cents to $5.40 3/4 on profit-taking, though bulls bought the dip. USDA reported weekly U.S. corn export sales reductions of 829,600 MT for the week ended Aug.
27, while the EU pursued options to support Ukrainian grain exports.
Export sales reductions are bearish for U.S. corn demand, while the dollar weakness and firmer crude were supportive outside factors, leaving the net price direction mixed.
Not 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.