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Soybeans fell on fund and technical selling while corn was also lower, with traders awaiting USDA quarterly stocks and acreage data. Brazil's ANEC cut its June soybean export projection slightly, and Statistics Canada planted area figures were due.
Ethanol output was below expectations.
Routine price commentary with fund selling as the stated cause; the pending USDA acreage and stocks reports are the key near-term catalysts for corn and soy.
brownfieldagnews.comJohn PerkinsJun 26, 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.
