Ceva's November outlook reports that US corn rose to about $166/t despite a stronger dollar after Trump's election, supported by Mexico increasing purchases amid tariff threats. European and Chinese corn prices fell on harvest pressure, while soybean prices trended lower on an expected global surplus.
Tariff threats prompting Mexican buying support US corn, while harvest pressure in Europe and China and a projected soybean surplus weigh on prices for feed buyers.
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.