# Corn eases from 4-week top on U.S. harvest pace, stronger dollar | Financial Post

> 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.

- Date: 2021-09-28 · published 2021-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45106-corn-eases-from-4-week-top-on-u-s-harvest-pace-stronger-dollar-financial-post
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/corn-eases-from-4-week-top-on-u-s-harvest-pace-stronger-dollar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
