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Old crop grain futures rose about 2% overnight on delayed harvest activity and reduced crop quality. Soybeans gained 12-35 cents and soymeal rose $10.90 per ton, while USDA data showed record-level corn use for ethanol in December.
Strong ethanol grind and soybean gains support corn and meal values, while a weaker dollar helps export competitiveness.
bigriverbids.comFeb 1, 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.
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.
