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Corn, soybean, wheat and rapeseed prices have fallen strongly since the start of 2024, with rice the exception after gaining nearly 5% on Indian export restrictions. Record US and Brazilian corn harvests and expanded Ukrainian and Russian export supply are cited as the drivers of the decline.
Large global supplies keep feed grain prices weak, while India's rice export curbs support rice values for buyers.
ibestmedia.comFeb 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.
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.
