Loading…
Chicago soybeans ended August up 2.68% for the month, helped by export activity and dry-weather crop worries, though they fell on the final day. Wheat fell 9.69% in August to its biggest monthly drop since November 2022 as plentiful Russian supplies weighed, while corn lost 6.58% after timely rains helped US crops.
Ample Russian wheat supply and good US corn weather point to softer grain prices, while soybean strength reflects residual yield concern that could support feed meal costs.
agcanada.comAGCanadaAug 31, 2023Not 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.
