CBOT corn futures dropped by 2.63%

08.11.2016

During the period under review (October 27 – November 03, 2016 ) CBOT corn futures dropped by 2.63%, ag reports UkrAgroConsult.

The following factors pressured CBOT prices:

- USDA reported that corn had been gathered from 75%, which corresponded to five-year average;

- weather factor: according to meteorologists, the weather will be favorable for harvesting this week.

corn cme

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly ag market report "Black Sea Grain & Oil" and "Online market review" by UkrAgroConsult.

 

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