Corn plummets to ten-month low on good weather forecast

Source: Bloomberg
Corn futures for July settlement were lower by 0.2% to $6.125 per one bushel on the Chicago Board of Trade in Singapore trading session on Wednesday. The price slipped to the lowest level since 26th of June or a ten-month low, as investors speculated that some parts of the U.S. might be dry and warm making weather conditions suitable to accelerate planting.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.