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December corn fell 3.5 cents to $4.47 3/4 on October 30, closing at a four-month low and down 8.25 cents for the week. The market recorded a bearish weekly and monthly low close.
Persistent bearish closes indicate ample new-crop supply pressure, which keeps feed grain costs low for 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.