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The U.S. Grains Council's January 31 market perspectives summarize country news. Argentina corn exports lag on premium swings, Brazil's Parana drought has cut the corn estimate, and China's state reserve agency began buying corn to support producer prices.
Brazil's corn output cut and China's support buying tighten global corn supply and firm export premiums, which supports corn prices.
grains.orgJan 31, 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.
