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World Grain's review of coarse grains says solid export demand and a slightly bullish November WASDE firmed the US maize market, lifting sorghum with it. Barley was steady overall while oats and rye declined, and the war in Ukraine remains a geopolitical factor.
Firmer US corn and sorghum values raise feed grain costs for buyers, while weak oats and barley offer cheaper substitutes in some rations.
world-grain.comChris LyddonDec 3, 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.
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.
