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Corn closed higher on fund buying after a hot US CPI reading, while soybeans and wheat fell. Soybeans dropped as Argentine rains removed weather premium and Brazilian harvest hedge selling increased.
Lean hog futures hit new highs on fund buying and firm demand.
Fund-driven strength in corn and hogs supports feed-grain and hog values, while weaker soybeans and wheat ease feed-ingredient costs.
agweb.comMichelle RookFeb 12, 2025Not 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.
