Grain prices rose 3.47% in Q3 2020, with double-digit gains in soybeans, soybean products, corn and CBOT and KC wheat. Oats and rice posted double-digit losses, and the late-quarter rally followed stocks coming in below expectations.
The quarter's gains reflect tighter-than-expected stocks, and the outlook now depends on Southern Hemisphere production and port bottlenecks.
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.
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.