Bloomberg News
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Corn Futures are a Wild Card
Posted
August 21, 2019
Views
215
Likes
4
Comments
1
Engagement
2.33%
August 21, 2019
215
4
1
2.33%
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2:04
1:02Now PlayingDecember corn futures hover just above contract lows. USDA acreage reports released August 12 were a major surprise for traders, with corn acreages and potential yields much higher than anticipated. An excessively wet spring and slow planting pace had driven prices higher in June on expectations of lower output. The situation is now anybody’s guess and it may take some months for the scope of the situation to be realized. Insights via @CMEGroup
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