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Grain markets ended mixed in the week to July 18, with wheat erasing gains after Chicago SRW hit a three-month high. Corn and soybeans stayed range-bound despite a record Chinese corn purchase, as July rains reduced weather risk.
Adequate Corn Belt rainfall eases yield concerns and offsets strong Chinese buying, keeping corn and soybean prices capped in the near term.
realagriculture.comBrennan TurnerJul 18, 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.
