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Corn and wheat closed higher on November 12 despite a strengthening U.S. dollar, which reached a 16-month high. Snow and rain hit the Plains, and soft red winter wheat exports are running 2% above last year.
Firm wheat and corn prices reflect supportive export demand and weather-related planting challenges, though a stronger dollar limits export competitiveness.
brownfieldagnews.comTom SteeverNov 13, 2018Not 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.
