Loading…
USDA reported cash bids for the week lower for corn, sorghum and wheat but higher for soybeans. Export inspections were mixed, with corn and sorghum down and wheat up week over week.
Lower cash bids for corn and sorghum reflect weaker demand and ample nearby supply, which eases feed costs for buyers, while higher soybean bids raise the cost of soy-based protein.
hpj.comHPJ StaffJun 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.
