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Commodity prices rose in October, with gold reaching a record and soybeans up 11.3% after the Trump-Xi meeting. Wheat rose 5.1% on Chinese demand, corn climbed 3.9%, and rice fell 8.1%.
The October gains in soybeans and corn reflect expectations of renewed Chinese buying, which supports feed grain prices. The monthly recap offers little new supply information for feed buyers.
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.