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Chicago corn and soybean futures hovered near four-year lows on Friday and were set for weekly losses on improved US supply prospects. Wheat was near its lowest since 2020 but on track for a weekly gain on adverse weather in Europe and China.
Expectations of ample US corn and soybean supplies keep downward pressure on feed grain prices, while European and Chinese weather offers limited support to wheat.
brecorder.comReutersAug 2, 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.
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.
