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Soybeans fell about 1% to a two-month low in Singapore as supplies from a record US harvest reached the market. Lower crude oil prices also weighed on the complex, while wheat losses were limited by continued disruption in the Black Sea.
Heavy US harvest supply and weaker crude reduce soybean and soyoil values, which lowers the cost of soybean meal inputs for feed buyers.
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.