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Most-active CBOT soymeal futures rose to an 8.5-year high on tight supplies and speculative buying. Soybeans fell on expectations of a record Brazilian harvest and weaker crude oil, which weighed on soyoil.
Wheat and corn were mixed to firmer.
Tight meal supplies in Argentina and strong US cash markets lift feed ingredient costs, while a large Brazilian harvest and weaker soyoil cap soybean gains.
financialpost.comReutersFeb 3, 2023
agcanada.comAGCanadaFeb 4, 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.
