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Chicago corn and soybean futures rose on Tuesday, recovering from a near two-week low, as the USDA reported corn harvest 12% complete and soybean harvest 8% complete, both behind analyst estimates and average pace. Wheat gained about 1% while expectations of a larger Russian crop from MARS limited gains.
A slower US harvest delays farmer selling and supports nearby corn and soybean prices, while a larger Russian wheat crop caps wheat rallies.
brecorder.comReutersSep 27, 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.
