Corn and soybean futures continued to weaken, with December corn settling at $4.41½ after losing ground for the week. The update also noted mixed yield feedback from farmers and said the USDA’s November supply-and-demand report was due the following week.
Recent futures weakness reflects bearish market positioning, while uncertainty about yields and upcoming USDA estimates could affect expectations for supplies. The report itself does not establish a new supply or demand shock.
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.