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ADM signed a 20-year lease, with a five-year renewal option, for its Reserve, Louisiana export grain elevator in April 2018. The facility has 3.7 million bushels of storage and employs 106 people directly.
The lease secures continued export capacity at a major South Louisiana grain terminal, but it does not change supply or demand for grain.
bizneworleans.comSarah RavitzSep 26, 2018Not enough comparable past events yet for a historical read.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
After 1,802 past trade events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.7%), and +0.7% over 20.
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.
