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May corn futures fell 20 1/4 cents, or 5.5%, in the week to 19 March 2020 as selling dominated global markets. Export sales were 904,500 MT, weekly exports reached a marketing-year high of 970,000 MT, and cash corn values fell as end-users backed off bids.
Lower cash corn and weaker bids reduce feed grain costs, though strong export shipments offer some support to the market.
grains.orgMar 19, 2020Not enough comparable past events yet for a historical read.
Not 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.
