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Soybeans rose on commercial and technical buying, with USDA seeing old-crop stocks at multi-year lows. China bought 132,000 tons of old-crop US beans, while Chinese stocks rose on weaker crush rates.
Corn fell on profit taking and soybean meal gained on oversold signals.
Multi-year low US old-crop stocks and firm crush demand support soybean and meal prices, while China's crush slowdown limits upside.
brownfieldagnews.comMay 13, 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.
