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CBOT soybean futures lost 18 to 19 cents on Friday but gained about a nickel for the week in November. US crop ratings fell to season lows after heat and dryness, and Chinese flash sales of soybeans pointed to improving demand.
Canola futures remain weak amid the Chinese-Canadian trade dispute, while crush margins are strong.
Low US crop ratings and firm Chinese demand support soybean and meal prices. Weak canola futures reflect the trade dispute, but strong crush margins limit downside for oilseed processors.
saskoilseeds.comSep 9, 2024Not 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.
