Black sea agreement pressures grains

Jul-23 corn futures dropped significantly last week, settling Friday at the contract’s lowest value since October 2021. Futures settled below the lower Bollinger Band for the last three sessions. Last week’s decline partly reflected weak demand for U.S. corn in the global market. New-crop Dec-23 [...]

Corn prices fall sharply to the end of the week

Corn prices were under pressure this week, with the Jul-23 contract dropping 20 cents. The Dec-23 futures contract closed last week, down 9 cents —the lowest since late July 2022. Confidence seems to be growing that Brazil will hold onto their current corn crop [...]

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