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Overnight trade lifted corn, wheat, soybeans and soybean meal, with meal up $5.90/ton. Argentina's president-elect Javier Milei began a complex transition, and rain is forecast to bring relief to central Brazil before a warmer, drier spell next week.
Brazil dryness and meal demand support soy complex prices, while Argentine policy uncertainty and possible OPEC production cuts add volatility.
coopfe.comWayne KollisNov 21, 2023Not 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.
