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Weekly grain futures commentary says wheat closed slightly higher on weather concerns in the US Plains and western Canada. Corn and oats closed higher as dry conditions in the Midwest raised concern over yields.
The commentary expects the USDA production report to show a large harvest.
Dry weather concerns support near-term grain prices, but strong yield reports limit the upside. Feed buyers should watch the next USDA report for direction.
born2invest.comJack ScovilleOct 1, 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.
