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Soybeans closed lower on speculative and technical selling but finished above session lows. Recent Midwest and Plains rain could stabilize or boost yields in some areas.
Unknown destinations bought 264,000 tons of new-crop US soybeans.
Expectations of a record US crop and favorable rain weigh on soybean, meal and oil prices, though the modest new-crop purchases offer some support.
brownfieldagnews.comAug 30, 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.
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.
