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Overnight CME trade showed soybeans up 5 cents while Kansas HRW wheat fell about 4 cents and corn was little changed. Global equities were mixed, the dollar index slipped to 91.20, and crude oil traded near $68.43.
Dalian soybeans and Malaysian palm oil futures were both lower overnight.
Routine morning moves show soybean strength with weaker HRW wheat and no new supply shock. Lower overseas palm and soy futures point to softer vegetable oil values for meal and oil buyers.
dtnpf.comDarin Newsom DTN Senior AnalystApr 26, 2018Not 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.
