Yesterday was the beginning of the new corn marketing year, and a recent analysis indicates the direction of corn prices after 1 September seems to have a good track record as one of those unofficial barometers of presidential elections.Yesterday was the beginning of the new corn marketing year, and September corn futures closed at $3.11/bushel. The direction of corn prices after 1 September seems to have a good track record as one of those unofficial barometers of presidential elections, according to an analysis by Farm Futures magazine. It published some research on the correlation between the two about a month ago, which provided some interesting details.Since 1960, if corn prices increased between 1 September and Election Day, the White...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...