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CBOT wheat futures fell on Friday, pressured by dollar strength and global supplies, with December SRW down 10 cents to $6.21-3/4. Soybeans rose as extreme heat likely eroded US Midwest crops, and the US said it sees viable routes to export Ukrainian grain after Russia exited the grain deal.
Wheat prices are pressured by ample global supply and a firmer dollar, while soybean and soymeal strength reflects heat-related crop concerns that support feed protein costs.
brecorder.comReutersAug 26, 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.
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.
