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Chicago corn was flat and wheat lower during a holiday-shortened week, with US corn now 96% harvested and Ukrainian corn harvest delayed at 53%. Argentine corn planting stalled due to dry soils, and avian flu raised concerns about EU poultry and corn demand.
Dry Argentine soils and Ukrainian yield shortfalls support corn prices, while avian flu weighs on feed demand and offsets some of that support.
czapp.comAlberto CarmonaNov 29, 2022Not 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.
