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CBOT closed mixed on January 20, 2022, with soybeans and soybean oil leading higher on South American production concerns and record palm oil prices. Corn traded near unchanged, wheat closed lower on profit-taking, and live cattle and feeder cattle closed slightly lower ahead of the Cattle on Feed report.
Soybean meal and oil strength reflects tight vegetable oil supplies, while the cattle complex's softness ahead of the report signals near-term caution in feeder demand.
kyfb.comJan 20, 2022Not 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.
