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CBOT futures closed mixed ahead of USDA reports, with soybeans supported by private analysts trimming South American crop estimates due to La Nina weather. Cattle and hog futures closed lower on weak cash prices, and spec funds remained long soybeans and short corn and wheat.
Trimmed South American soybean forecasts tighten export supply and support soybean and meal prices, while weak hog and cattle cash markets pressure livestock sentiment.
kyfb.comNov 7, 2017Not 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.
