Loading…
U.S. corn futures settled higher on Monday, rallying from early declines after weekly export inspections of 976,218 tonnes beat trade estimates. Soybeans and wheat also firmed, with soyoil strength supporting beans.
Corn gained most on worries that high fertilizer prices could cut 2022 plantings.
Stronger export demand and fears of lower 2022 acreage on costly fertilizer support corn and, to a lesser degree, soybeans and wheat prices.
financialpost.comReutersOct 18, 2021Not 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.
