
CBOT corn futures fell to a four-month low on Monday's session, with soybeans at a two-and-a-half-month low. Analysts cited a large US harvest and weak export demand; USDA reported modest corn sales to Mexico and South Korea.
Wheat also eased as traders focused on planned Russia-Ukraine peace talks.
A large US crop and slower export sales add downward pressure on feed grain prices, lowering corn and soybean costs for feed buyers. Wheat weakness tied to peace-talk hopes and Russian export flows points to ample global supply.
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.