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CBOT corn closed up 4-6 cents to hit a six-month high, while soybeans gained 14-16 cents and meal rose $3-5. Money managers were net buyers of corn and index funds net sellers in the week ended December 24.
USDA was set to release November census grain crush data, expected to be a record.
Dry conditions forecast for Argentina and a record expected crush support soybean meal and corn prices, while routine positioning data give buyers a read on near-term momentum.
admis.comMark SoderbergDec 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.
