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Corn futures fell to about $3.52 as the dollar index rose to its highest since late August. USDA data showed corn stocks at 2.35 billion bushels, up from 1.737 billion a year earlier, and harvest progress was 11% versus a 17% five-year average.
A stronger dollar makes US corn less competitive in export markets, and large stocks keep feed grain prices under pressure.
economies.comRami HaddadSep 26, 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.
