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CBOT March wheat fell to a seven-week low, settling 10 cents lower at $5.42 a bushel, after the USDA trimmed world wheat ending stocks only slightly. Corn also fell, while soybeans ended flat to slightly higher.
Adequate world wheat supplies and fund liquidation point to lower wheat and corn prices, which lowers the cost of wheat and corn as feed ingredients.
financialpost.comReutersFeb 11, 2020Not 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.
