Loading…
Corn and soybean futures traded mixed, with soyoil strength supporting beans. The EIA reported ethanol output down 6% week over week, and corn exports are lagging last year.
China is buying Ukrainian corn, and Dalian corn prices are rising. Brazilian soybean planting is fast, and Paranagua port premiums are firm.
Weak US export sales and fast Brazilian planting are bearish, while firm Dalian prices and strong ethanol margins offer support.
agoptimus.comAG OptimusNov 11, 2021Not 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.
