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December corn rose slightly to $4.44 1/4 after short covering, while a weaker dollar supported futures. StoneX estimates the US corn yield at 183.1 bushels per acre, above USDA's 181.2, and weather is expected to allow the harvest to resume.
A market estimate above USDA's yield points to larger supply, which keeps corn under pressure, although a weaker dollar and short covering offered brief support.
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.