Chicago corn closed on Friday with its biggest yearly drop in a decade while wheat and soybeans also posted steep annual declines after bumper harvests in Brazil and resilient Black Sea trade tempered concerns about weather and war.
Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade
Corn, soybeans fell as traders assessed a rainy forecast in South America
Traders continue to keep a sharp eye on Brazil weather forecast
Re-opening of U.S./Mexico rail crossings boosted corn, dryness lifted soybeans
Railways between U.S. and Mexico reopened five days after key trade routes closed
The Canadian dollar strengthened relative to its United States counterpart
Corn up on technical bounce, wheat up on weaker dollar
Exports being lost because of US-Mexico rail crossing closures, industry says
U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December
Wheat futures rose on a technical bounce