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Corn, wheat and soybean futures swung widely on early-July rain that eased Midwest dryness, USDA acreage and stocks reports with some surprises, and the Brexit vote that lifted the dollar. December corn gained 80 cents from April 1 to June 17 before falling 95 cents, reaching contract lows, and corn futures hit 20-month lows the prior week.
Weather relief and bearish USDA data pushed corn lower, while a stronger dollar pressures US grain export competitiveness, leaving the market sensitive to late-summer weather.
foodbusinessnews.netRon SterkJul 13, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
