CBOT Corn Falls 1.8% to Five-Month Low on Thursday Amid Weak Exports

According to Jin10 Futures, CBOT corn futures fell 1.8% on Thursday, with benchmark contracts hitting their lowest level since late January. July contracts dropped to a five-month low, while December contracts fell to a 4.5-month low. The decline was driven by favorable weather conditions in the Midwest, lower crude oil prices, and weak corn export sales.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments