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US corn futures fell about 1% on Tuesday as the dollar strengthened to its highest since early November and crude oil turned lower after hitting its highest since July. Harvest pressure also weighed, with USDA reporting 18% of corn cut versus a 15% five-year average.
A firmer dollar and weaker energy prices reduce the appeal of US grains, while faster harvest pace adds near-term supply pressure, pointing to lower feed grain costs for buyers.
financialpost.comReutersSep 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.
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.
