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Corn futures for December delivery declined 0.5% to $3.51 per bushel on October 25 as the dollar index dipped slightly. USDA data showed only 28% of the US corn crop harvested, well below the five-year average of 47%, and weekly export sales of 1.25 million tonnes, led by Mexico.
Slow harvest and steady export sales support corn demand, but the softer dollar and harvest pressure limit gains, leaving feed corn prices roughly flat.
economies.comRami HaddadOct 25, 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.
