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Soybeans fell sharply on profit taking and technical selling, while corn rose on short covering amid Midwest weather concerns. Brazil's June soybean exports are projected at 9.44 million tons, and China's 2023/24 soybean import forecast was trimmed to 95.5 million tons.
Brazil's export gains and lower Chinese import expectations weigh on US soybean demand, while Midwest dryness keeps corn supported.
brownfieldagnews.comJul 6, 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.
