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A sponsored CME Group piece says US corn acreage is under pressure this year while South American weather adds to market tension. Analyst Shawn Hackett believes a US weather scare and Brazil's problems could push corn above $5 a bushel.
Lower US planted acres and Brazilian weather concerns support corn prices, while trade-war uncertainty with China and NAFTA weighs on demand expectations.
thestreet.comCME GroupSep 19, 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.
