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Cash grain bids were mostly lower in the week to November 2, with wheat, corn and sorghum down while soybean bids firmed. Weekly U.S. export inspections showed declines for corn, soybeans, wheat and sorghum.
Kansas City December wheat futures closed at $7.98 1/4.
Lower cash bids reflect softer export demand and ample local supplies, which pressure feed grain values at the buyer level. Soybean strength partly offsets the broader weakness.
hpj.comHPJ StaffNov 8, 2021Not 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.
