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USDA reported cash bids mostly higher for wheat, corn, soybeans and sorghum as of November 1, with soybeans up as much as 80 cents at Kansas City. Weekly export inspections showed a drop in corn and soybeans and a rise in sorghum and wheat.
Higher cash bids reflect firm feed grain demand and tighter nearby supplies, raising the cost of corn, soybean meal inputs and sorghum for feed buyers.
hpj.comHPJ StaffNov 3, 2022Not 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.
