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Corn futures closed lower on June 25, extending losses to new contract lows for several front months. The decline followed a lack of threatening weather forecasts, and the cash corn price fell 6 cents.
Ethanol output and stocks also moved in the EIA report.
Benign weather and weak cash prices keep corn under pressure, which benefits feed buyers in the near term.
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.