# Market Analysis & Forecast - Investing.com

> Corn futures traded near 360 cents after a drought in Argentina produced rains that caught investors short. March crude oil traded higher overnight, and the market focused on U.S. export demand and the drought monitor.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: market · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/7450-market-analysis-and-amp-forecast-investing-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rains in Argentina reduce its drought risk and expected export tightness, which weighs on corn prices. U.S. export sales and crop conditions will decide whether corn trades higher from here.

## Read by commodity

- WTI: neutral
- CORN: bearish ▼

## Sources

- investing.com: https://www.investing.com/analysis/crude-oil-natural-gas-february-made-me-shiver-200285970

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.