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USDA-reported cash bids for corn, wheat, soybeans and sorghum were mixed in the week to late February, with sorghum up 2.75 cents in the period. Export inspections showed sorghum up 53,017 metric tons while corn and soybeans fell.
Routine weekly cash price and export data show mixed moves with no new supply or demand shock, so the price impact is limited.
hpj.comHPJ StaffMar 1, 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.
