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US and Ukrainian harvests are advancing in warm, dry weather, with US harvest catching up on backlog. Chicago corn fell 1.9% for the week, and US corn exports dropped 36.2%, while South American corn offers increase competition.
Russian drought is expected to cut its corn crop.
Heavy harvest supplies and competing South American corn pressure export prices, while a smaller Russian crop offers some relief for competing exporters.
graintrade.com.uaOct 31, 2018Not 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.
