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U.S. corn futures eased on Tuesday after last week's 18-month high, as improved South American crop weather and expectations of higher U.S. plantings encouraged profit-taking. Wheat followed corn lower and soybeans were nearly unchanged, while tariff worries on Mexico and Canada imports weighed on grains.
Improving Brazil and Argentina weather and expected larger U.S. corn plantings add supply expectations that pressure corn prices, with feed grain costs for buyers easing modestly.
tradingview.comFeb 25, 2025Not 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.
Feb 25 profit-taking after 18-month high, better South American weather and bigger expected US plantings added supply-driven selling and tariff worries.
