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Chicago December corn rose 4 cents to 584 cents, Kansas wheat gained 7 cents, and soybeans fell 8.75 cents. USDA's September Stocks report showed corn stocks of 1.76 billion bushels, below expectations, and wheat production of 1.971 billion bushels.
EU rapeseed production was cut further to 16.7 million tonnes.
Smaller US corn stocks and a cut to EU rapeseed supply support feed-grain and oilseed meal prices, while wheat stocks and production are seen as neutral.
graincentral.comGuest AuthorSep 30, 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.
