Market Commentary

Afternoon Comments 09/19


Dollar strength and harvest prospects depressed the crop markets. Weakness spilling over from the wheat and bean markets, as well as U.S. dollar values at 4.5-year highs, is probably exaggerating ongoing losses in corn futures, despite an early announcement of a big sale to Mexico. December corn futures closed 6.75 cents lower at $3.34/bushel Friday, while May sagged 6.25 to $3.53.
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