
Corn, soybeans, soybean meal, soybean oil and wheat futures fell sharply in afternoon trade on November 12, with most contracts trading near their daily lows. Wheat hit eight-month lows while the U.S. dollar index rallied to another 1.5-year high.
A stronger dollar makes U.S. grain more expensive for foreign buyers and weighs on export demand, pushing prices lower after the earlier USDA-driven rally. Lower feed grain and meal prices reduce input costs for feed buyers.
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.
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.