Loading…
Chicago corn futures hit a one-month high on Thursday as speculators covered short positions, while falling crude prices pulled soybeans lower after four sessions of gains. The most-active corn contract settled at $4.88-1/2 a bushel, its highest close since Aug.
28.
Short-covering ahead of USDA's quarterly stocks report lifted corn from three-year lows, but the bounce depends on the report, and weaker energy prices weigh on soybean oil and soybean futures.
agcanada.comAGCanadaSep 29, 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.
