Farms.com's year-end review says soybeans fell about 27% and soybean oil weighed on canola to new lows. Chicago and Minneapolis wheat reached new contract lows, and crude oil slid to fresh lows on global oversupply.
Fund positioning remains a major factor, with funds still holding roughly 180,000 long soybean contracts.
Broad commodity weakness, lower crude oil and fund liquidation pressure feed-ingredient prices and lower the cost of energy-linked inputs. Feed buyers may see continued softness, though fund positions could still unwind further.
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.