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USDA reported cash bids for the week higher for corn, sorghum and soybeans, with wheat mostly higher. Export sales rose for all four crops for 2019-20, and sorghum bids rose by 16 to 54 cents.
Firmer cash bids and steady export sales signal solid demand for feed grains, raising near-term feed input costs for buyers.
hpj.comHPJ StaffJun 8, 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.
