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Barchart
Barchart
Jim Wyckoff

Harvest Pressure Is Squelching Corn, Soybean, and Wheat Prices

December corn (ZCZ26) futures last Friday fell 3 3/4 cents to $4.74 1/4, closed at a two-month low close, and for the week were down 5 1/2 cents. November soybeans (ZSX26) fell 1 3/4 cents to $12.61 1/4, hit a six-week low, and for the week were down 30 3/4 cents. December soft red winter (SRW) wheat (ZWZ26) futures on Friday fell 9 1/2 cents to $6.60 1/2, hit a two-month low, and for the week fell 10 1/2 cents. December hard red winter (HRW) wheat (KEZ26) futures lost 9 cents to $7.04, hit a three-month low, and for the week fell 15 1/4 cents.

Seasonal Commercial Hedge Selling Pressures Corn, Soybeans

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