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US corn futures fell as much as 0.8% on Monday to their lowest level in more than four months. Traders were anticipating a government report that could show increased global grain supplies.
Expectations of larger supplies tend to pressure corn prices, with the USDA report likely to set the market’s near-term direction. A smaller-than-expected supply estimate could temper the decline.
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.