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CBOT corn fell below $4 per bushel for the first time since November 2020, with March futures settling at $3.99-3/4. Weekly US soybean export sales hit a marketing-year low of 55,900 tonnes, well below analyst estimates.
Large US and South American supplies and weak export demand pressure corn and soybean prices lower. Continued low prices may affect planting decisions and farm income.
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.