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CBOT corn and soybean futures have weakened recently, with February new-crop prices setting insurance guarantees for the coming harvest. Corn gained ground against soybeans compared with last year, and analysts expect US corn acreage to rise in 2023 while soybean acres stay flatter.
Expected expansion of corn plantings relative to soybeans points to larger corn supplies and softer corn prices, while soybean supply expectations stay steady.
financialpost.comReutersFeb 28, 2023
reuters.comKaren BraunMar 1, 2023Not 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.
