Loading…
Kentucky Farm Bureau's November 19 closes show corn, soybeans, and wheat lower, with soybeans leading declines on US-China trade rhetoric. Live cattle, feeder cattle, and lean hogs closed higher, supported by firmer boxed beef and strong pork export shipments.
Trade tensions between the US and China pressure soybean and grain prices, while stronger pork demand and additional African swine fever cases in China support lean hog prices. The speculative fund short position in soybeans adds volatility.
kyfb.comNov 19, 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.
