
Grain futures were mixed in early trading on November 3, with December corn down 1.5 cents and January soybeans up 3 cents. Nymex WTI crude was up 2.1% at $98.50 a barrel, recovering part of Monday's plunge, after reports of U.S. strikes on Iran's Qeshm Island.
Midterm election results were still pending.
Election-related uncertainty may keep traders on the sidelines, and crude's swings on Iran diplomacy feed into biofuel and input costs that affect feed-ingredient pricing. The moves shown are small, so no clear new price direction emerges.
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.
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.