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Pro Farmer's daily report argues that high US corn export levels to Mexico undermine the US case in the USMCA dispute. The same report lists June 25 closes, with December corn at $4.43 and November soybeans at a near three-year low.
Strong US corn shipments to Mexico support export demand, while the broader market commentary reflects weak soybean and corn prices.
profarmer.comJim WiesemeyerJun 26, 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.
