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US soybean futures climbed to a two-month high on brisk US exports and rising vegetable oil prices. Chicago wheat fell more than 2% and corn about 1% as a firm dollar and abundant global grain supplies weighed on them.
Strength in vegetable oils pulls soybean crush value higher, supporting soybean prices, while ample global grain supplies and a strong dollar keep wheat and corn under pressure.
farmtario.comMichael HirtzerOct 24, 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.
Reports Chicago wheat fell more than 2% on 24 Oct, attributing it to a firm dollar and abundant global grain supplies (currency and supply).
