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CBOT May wheat closed down slightly while Kansas HRW rose and Minneapolis spring wheat fell sharply. Corn and soybeans gained on optimism about an imminent China trade deal, and Winnipeg canola and MATIF rapeseed also rose.
Crude oil closed lower after an intraday rally above $70 for Brent.
Trade-deal optimism is supporting soybeans and corn, while wheat is mixed. Movements in these benchmark contracts reflect routine market sentiment rather than new supply changes.
graincentral.comGuest AuthorApr 4, 2019Not 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.
