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Chicago December wheat fell to about $215 a tonne, a six-month low, and December corn closed at $174 a tonne, near three-month lows. Euronext wheat and corn rose, with December wheat at €236.25 a tonne, as traders weighed Black Sea deal hopes, large stocks and good US sowing weather.
Lower Chicago prices reduce the cost of imported grain for feed mills, while firmer Euronext prices reflect regional tightness. Black Sea deal hopes are the main downside risk for wheat.
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.