Bloomberg Television published this video item, entitled “Record US Corn Yields Drive Futures Into Bear Territory” – below is their description.
USDA’s final crop production report for 2023 year stunned grain markets, with corn farmers producing a record yield of 177.3 bushels per acre, comfortably eclipsing 2017’s previous high of 176.7 bushels per acre. With market estimates in tatters, new futures contracts for corn are entering bear territory. Where will this surprise news lead grain markets in 2024? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
TikTok: https://www.tiktok.com/@bloombergbusiness
Connect with Bloomberg Television on:
Twitter: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Bloomberg Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
