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Wheat recovered some recent losses as soybeans fell on fund selling and Argentine rain forecasts. Indonesia was reported to be considering palm oil export restrictions citing higher domestic prices, which supported bean oil.
Possible Indonesian palm oil export curbs tighten vegetable oil supply and support soybean oil and meal alternatives, while Argentine rains ease soy and corn supply concerns.
brownfieldagnews.comJan 18, 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.
Soybeans fell on fund selling and Argentine rain forecasts on Jan 18, adding to downward momentum.
