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A year-end review says China's purchases, COVID-19 disruption and the August derecho and later drought shaped 2020 grain and oilseed markets. Soybeans led gains, pulling corn and wheat higher.
Strong Chinese protein imports for hog feed were a key demand driver.
Tight US and South American supplies combined with steady Chinese feed demand have supported prices into 2021, keeping feed ingredient costs elevated.
world-grain.comRon SterkDec 29, 2020Not 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.
