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December corn futures rose 1.75 cents for the week after mid-week losses erased early gains. USDA export sales were 494,000 MT of net sales, with year-to-date corn bookings down 50 percent, while sorghum and barley bookings were up.
Corn prices are trading sideways, with harvest pressure and a comfortable USDA ending-stocks outlook capping upside. Export-oriented prices are softening as exporters compete on the world market.
grains.orgSep 26, 2019grains.orgSep 26, 2019Not 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.
