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US corn futures slipped from a two-month high reached in the prior session, with the most-active contract down 0.4%. Strong ethanol production and demand limited the losses, and lower oil prices weighed on the market.
Wheat and soybeans also ticked lower.
Solid ethanol demand offsets weaker crude oil, leaving corn firm, while sluggish US wheat demand keeps wheat under pressure.
brecorder.comReutersOct 28, 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.
