After the Bell
After the Bell | September 21, 2023 Commodities faced risk-off selling amid U.S. dollar strength from a more hawkish tone following this week’s FOMC meeting.
Grain markets roar back from sharp post-holiday losses, corn, soybeans post weekly gains amid Midwest drier forecast.
Wheat futures jump sharply to lead grains, soy complex higher as markets continue corrective bounce from recent slump.
Corn, soybean futures rebound from initial drop to multi-month lows; wheat futures extend slide.
Corn futures extend slump, hit five-month lows on Midwest rain; soybeans and wheat also plummet.
Soybean futures tumble over 60 cents to five-month lows on fund liquidation, better rain chances; corn, wheat also off sharply.
December corn sinks to four-month low after USDA raises acreage estimate; soybeans, wheat also lower.
New-crop soybeans extend rally as USDA expected to lower plantings estimate; corn and wheat mixed.
Soybean futures surge, corn also stronger as weekly USDA crop ratings erode; winter wheat firmer.
New-crop corn tumbles to three-month low on Midwest rains, favorable weather; wheat off sharply, soybeans firmer.
Corn, soybeans firmer but still down sharply for week on milder weather outlook; wheat drops near four-month lows.