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Chicago soybean, corn and wheat futures settled higher on Dec 31, 2024 on short-covering and weather concerns in South America and Russia, with soybeans up 18-3/4 cents to $10.10-1/2 a bushel. All three contracts still finished 2024 lower for a second straight year, with soybeans down about 22% and wheat down 12.2%.
Dry weather forecasts for Argentina and poor Russian wheat conditions give some support to prices heading into 2025, but record Brazilian soybean expectations and ample global supplies cap gains.
agcanada.comAGCanadaDec 31, 2024Not 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.
