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CBOT December corn futures fell 8 cents to $6.89-3/4 a bushel after rising supplies from the ongoing US harvest and weaker-than-expected weekly export sales. Concerns about weak demand weighed on the market.
Harvest supply pressure and soft export demand point to softer corn prices, although the move is a routine daily market change.
brecorder.comReutersOct 15, 2022Not 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.
CBOT December corn fell 8 cents on harvest supply and weak export sales, which adds to the demand-driven price pressure around the window, though its direction is opposite to the reported move and it is dated before the window end.
