Loading…
Grain markets rallied for another week on world production concerns and strong export demand, with open interest rising. Wheat faltered late in the week after forecasts brought rain to the U.S. Southern Plains, triggering fund selling and a stronger dollar.
Rain forecasts and fund selling pulled wheat lower late in the week, but overbought conditions and Black Sea dryness keep the broader grain price outlook supported.
agweek.comRandy MartinsonOct 25, 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.
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.
