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Jack Scoville's morning comments note CBOT delivery notices for November rough rice and soybeans, and report Brazilian farmers advancing rapidly on soybean planting. Wheat closed mixed but its trend remains up, with Minneapolis spring wheat in a strong post-harvest rally.
Routine market commentary with rapid Brazilian planting that supports a normal crop outlook, while wheat's uptrend reflects tight northern hemisphere supplies.
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.