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CBOT soyameal settled at $499.40 a ton on February 10, its highest since June 2014, on tight supplies from slow winter processing. Soyoil rose 2.5% for the week, and wheat futures jumped on Black Sea shipping concerns.
Slow crush and concerns over Argentina's drier forecast tighten meal supply and push feed costs up. Black Sea disruption risk adds support to wheat prices.
brecorder.comReutersFeb 11, 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.
