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Corn Hits Lowest Since 2020 on Improving Weather, Crop Conditions

Source Bloomberg

Posted on August 16, 2023

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Corn futures in Chicago touched lows not seen since 2020 after improving weather boosted US crop conditions.

Benchmark futures lost 2.9% to reach the lowest level since December 2020. US corn crop conditions have improved, boosting the outlook for a bumper harvest even as the USDA reduced the crop size last wee…

For More Details Visit: https://www.bloomberg.com/news/articles/2023-08-15/corn-hits-lowest-since-2020-as-weather-improves-crop-conditions