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DTN's midday update from November 14, 2024 showed sharp declines across grains and soybeans, with December corn down 7 1/4 cents, January soybeans down 17 1/2 cents and wheat down 8 to 11 cents. Pressure came from good South American and US weather, weakening Argentine and Ukrainian corn premiums, and a stronger dollar.
Improving crop weather in South America and weaker export premiums pressure US grain and soybean prices, although strong ethanol and export demand limit the downside.
dtnpf.comDTN AnalystsNov 14, 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.
