
Soybeans and wheat rallied on commercial and technical buying on March 23, 2020. Chinese soybean meal rose on reports that crushers idled due to tight bean supply.
Corn was mixed and wheat gained with strong cash demand in Chicago and Kansas City.
Idled Chinese crushers and tight beans support soybean meal demand and prices. Strong wheat cash demand adds support to feed wheat values.
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.
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.