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Soybeans fell overnight after a weak close on Thursday, while wheat was mostly lower and corn was mixed. The U.S. is weighing action against China over shortfalls in Phase 1 trade deal purchase commitments, according to Deputy USTR Sarah Bianchi.
Routine overnight declines pressure soybean prices, and possible U.S. penalties on China add some trade risk. Without a formal action, the price effect remains modest.
profarmer.comBrian GreteApr 14, 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.
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.
