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Soybeans closed near two-year highs on June 1, 2016 on commercial and technical buying, with strong demand for soybean products. Corn was higher on solid demand, with crop conditions rated among the highest on record, and wheat gained on buying interest despite a bearish supply outlook.
Strong soybean crush and product demand support soybean meal and oil prices, while good crop conditions cap the upside for corn.
brownfieldagnews.comJohn PerkinsJun 2, 2016Not 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.
