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December corn futures rose 5.5 cents week-on-week, and the article examines downside risk below $3.50 per bushel in October and November. It compares 2014-2017 seasons that also had record or near-record yields and comfortable stocks.
Producers re-owning sold grain and comfortable stocks suggest limited downside, so feed buyers face mostly range-bound corn costs near current levels.
seeitmarket.comMarcus LudtkeSep 24, 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.
