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ADM reported corn prices down 3 to 6 cents with July corn testing its 100-day moving average near $4.78 3/4, and export inspections running 29% ahead of last year. Soybeans were mixed with meal down $2 to $3 and soyoil up 65 points, and heavy storms were forecast for the northern Midwest and Plains.
Strong corn export inspections and Mexico's screwworm response tied to livestock import threats support feed demand, while meal weakness and mixed soy prices signal cautious near-term pricing.
admis.comMark SoderbergApr 28, 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.
Dated the same day as the move, it reports soymeal down $2-$3 on April 28 amid mixed soybeans and a weaker grain complex, directly describing the price action.
