Speculators exit agricultural markets, intensifying crop selloff

Benchmark futures prices for corn have dropped 25% over the past three months.  (Photo: HT)Premium
Benchmark futures prices for corn have dropped 25% over the past three months.  (Photo: HT)
 wsj 4 min read . Updated: 04 Aug 2022, 08:29 PM IST Ryan Dezember, The Wall Street Journal

Prices for corn, soybeans and wheat have fallen to around where they were a year ago, which analysts say is too low

An exodus of hedge funds and other speculators from commodities markets has exacerbated the fall in prices for wheat, corn, soybeans and other staples, which some analysts say are now cheaper than supply and demand warrant.

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