# Crops Analysis | November 21, 2024 - Pro Farmer

> December corn fell 3.5 cents to $4.26 3/4 as the US dollar rose to a more than 13-month high. Weekly export sales of 1.49 million tons were within expectations, and the International Grains Council raised its global corn production forecast by 1 million tons.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6064-crops-analysis-november-21-2024-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A firmer dollar and modest export demand weigh on corn futures, though crude oil strength and technical support limit the downside. The overall price impact is modest.

## Read by commodity

- CORN: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/crops-analysis/crops-analysis-november-21-2024

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