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Philip Shaw, an Ontario farmer, reports corn and soybean futures lost about 30 and 38 cents in a week and that corn remains near 30% moisture. He adds that the Seaway strike was bad news for eastern Canadian grain movement.
Bearish futures moves and slow harvest progress keep Ontario corn and soy pressured, while Seaway disruption adds transport friction for eastern Canadian grain.
philipshaw.caNov 2, 2023Not 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.
