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Chicago soybean, wheat and corn futures were set for second straight annual declines on Dec 31, 2024, though they edged higher in light holiday trading as the dollar index eased. The most active soybean contract was up 0.5% at $9.96-1/2 a bushel, with the year's losses at 23% for soybeans, 12% for wheat and 3.5% for corn.
Ample world supplies and expected record Brazilian soybean output limit upside, while Argentine dryness and weak Russian wheat growth offer early-2025 support.
brecorder.comReutersDec 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.
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.
