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The chart highlights at above $6.75 per bushel on February 17, nearby March CBOT corn futures were at the highest pre-2021 price in February in a decade since 2013.
Soybeans reached their highest price since late July on February 5, and CBOT soybean oil reached a three-month high on February 3. However, soybeans have dropped by over 2% in the last three sessions.
-- Corn for December delivery fell 1.4% to $4.15 a bushel on the Chicago Board of Trade on Tuesday, with an unfettered large crop and uncertainty about a new tariff deadline underpinning negative ...
Money managers axed more than 78,000 gross CBOT corn longs in the two weeks through Nov. 15, the most for any two-week stretch since July 2016. Net selling of more than 95,000 contracts in the two ...
CBOT March corn CH24 settled down 7-3/4 cents, or 1.85%, at $4.11 per bushel after hitting $4.10, a life-of-contract low and the lowest since November 2020 on a continuous chart of the most-active ...
CBOT December corn futures rallied 6.6% through Tuesday, July 18, though the week included a drop to new yearly lows after the Department of Agriculture expanded the U.S. corn crop outlook.
Corn and wheat’s sometimes interchangeable use means that their prices can move in tandem, though wheat’s premium to corn is already relatively low at 77-1/2 cents per bushel as of Friday.
CBOT corn for July delivery closed -1.2% to $4.42 1/2 per bushel, but soybeans for July delivery ended +0.4% to $10.75 per bushel and July wheat finished +0.5% to $5.17 3/4 per bushel.
Most-active corn futures climbed as high as $8.03 a bushel at the CBOT, the strongest level since September 2012. By 10:10 a.m. CDT (1510 GMT), the contract was up 18-3/4 cents at $8.02-1/2 a bushel.