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CBOT March corn fell 2.1% over the week on holiday-thin trade and improved South American weather that removed some weather premium. Corn later firmed on strong US export sales, and sorghum export commitments were also sharply higher this year.
Strong export bookings from Mexico and Japan support US demand, but the removal of Brazil weather premium weighs on near-term corn prices.
grains.orgNov 30, 2023grains.orgNov 30, 2023Not 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.
