
Fastmarkets' weekly recap reports South American corn prices rising, with Brazil's FOB Santos up $4.25 per tonne and Argentina's December corn up $5.75. Brazil's corn estimate was raised to 138.8 million tonnes and Argentina's to a record 61 million.
Soybean trade was quiet, with meal prices surging and traders awaiting US-China trade deal details, while South Korean and Algerian buyers made wheat purchases.
Larger South American corn crops and firm meal prices shape feed grain and protein values, while US-China trade deal expectations support soybean and meal pricing.
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.
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.