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Soybean futures hit new contract highs on July 24 after reports of Chinese buying, with November beans up 50 cents on the week. Corn closed steady and wheat fell as the session progressed.
Expectations of Chinese state buying of new-crop US soybeans are supporting soybean prices, and corn moved higher in sympathy, though weather-related yield concerns remain a factor.
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.