Loading…
A Farm Futures analyst says corn prices have held in a $4.80-$5.00 per bushel range this fall despite a large US crop. Weak summer usage and projected stocks-to-use of 14.7% leave the analyst puzzled about what is supporting prices.
Weak demand alongside a third-largest crop points to downside pressure on corn, though low stocks-to-use may keep prices from falling sharply.
farmprogress.comJacqueline HollandOct 31, 2023Not 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.
