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US corn futures fell to new contract lows for a third straight day after weekly export sales came in below trade estimates, with December corn at $3.36-1/2. Soybeans also declined on disappointing export sales and improving Brazilian crop weather.
Weak export demand and abundant US supplies, plus competition from South American shipments, point to continued pressure on corn and soybean prices and cheaper feed ingredients for buyers.
agcanada.comAGCanadaNov 17, 2017Not 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.
