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Soybeans, corn and wheat closed the week higher on commercial and technical buying after recent multi-month lows. USDA expects record soybean and corn crops, with some concern over excess soil moisture and harvest delays.
Egypt tendered for 55,000 to 60,000 tons of milling wheat.
Record crop expectations cap rallies, but solid export and domestic demand support prices near recent lows. Soybean meal and corn supplies remain ample for feed buyers.
brownfieldagnews.comJohn PerkinsSep 16, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
