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Corn futures fell about 0.6% to $3.64 per bushel on September 29 after a session high of $3.67. USDA data showed the US corn harvest at about 15%, slightly behind the 5-year average and below analyst expectations.
Routine price action with a slow harvest pace that is only mildly supportive; the drought forecast for parts of the Midwest is a minor offset to the pressure from harvest flows.
economies.comRami HaddadSep 29, 2020Not 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.
