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Soybeans were modestly lower on fund selling while China and unknown buyers continued purchasing 2020/21 US beans. Corn was steady to lower, and wheat held modest gains on fund and technical buying despite a firmer dollar index.
Continued Chinese purchases support soybean and corn demand, while the wheat complex's modest gains reflect fund flows rather than new supply shifts, so the price impact is limited.
brownfieldagnews.comSep 23, 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.
