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Corn, soybean and wheat futures have climbed to their highest levels since 2013, with corn up more than 30% so far in 2021. Commentary attributes continued strength to Chinese demand and a short squeeze.
Strong Chinese buying and tight old-crop supplies keep feed grain prices elevated, raising feed costs for buyers. The commentary suggests further upside for corn and soybeans in the near term.
marketwatch.comMyra P. SaefongApr 29, 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.
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.
