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Corn and soybeans closed higher on energy strength and speculative buying, with soybean oil surging 115-135 points. USDA announced a 360,000 MT corn sale to Mexico, and the US harvest reached 65% complete, the fastest pace since 2012.
Export sales and firm energy prices support corn and soyoil, while rapid harvest progress keeps physical supply ample and caps rallies.
admis.comMark SoderbergOct 22, 2024Not 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.
