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A composite of grain futures rose 4.24% in Q3 2024 but finished 9% lower than the 2023 close. Oats led gains, while soybeans, KC wheat, rough rice and meal and oil futures fell.
Corn and CBOT wheat both rose in the quarter.
The quarterly recap shows grain prices recovering from lows but still under pressure from ample supplies. Feed buyers should expect range-bound prices absent new supply shocks.
barchart.comAndrew HechtOct 4, 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.
