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January soybeans settled at $12.31½ on Friday, up 37¾ cents on the week, while corn rose only 4 cents. Live cattle, feeder cattle and lean hogs also gained, with feeder cattle up 5.2% on the week.
Soybean gains were led by soybean meal and reflect the post-WASDE tightening, while livestock strength supports feed demand for corn and meal. The article is a routine weekly price wrap with no new supply or demand cause.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.