Loading…
Chicago soybean futures fell to a two-year low below $12 a bushel on January 30, 2024, as improving South American supply expectations and weak Chinese demand weighed on prices. Corn dipped near three-year lows and wheat fell under pressure from cheap Black Sea grain.
Expanding Argentine and Brazilian crops and slowing Chinese feed demand point to continued bearish pressure on soybean, corn and wheat prices for buyers.
brecorder.comReutersJan 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.
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.
