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The DTN monthly grain review showed the national cash corn index up 2 cents in September to $3.10, while December futures fell 2.5 cents to $3.55 1/4. Soybean cash rose 7.75 cents to $8.89 1/2 and November futures gained 23 cents to $9.68 1/4.
Corn's September trading range was very narrow.
Corn's long-term trend remains sideways to down, while soybeans show firmer support, which affects forward pricing for feed buyers. The narrow corn range signals limited near-term price direction.
dtnpf.comDarin NewsomOct 1, 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.
