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Chicago March corn futures closed up 8¼ cents on December 27 to a six-month high, and March wheat rose 12½ cents after starting lower. March soybeans were erratic, up 16 cents that day before falling 7½ cents overnight.
The corn and wheat gains reflect short-term technical buying rather than a new supply shock, so feed buyers should expect volatility rather than a sustained price trend.
farmanddairy.comMarlin ClarkDec 31, 2024Not 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.
