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Grain futures are trading choppy at lower levels as coronavirus news raises doubts about China's farm purchases agreed in January. Wheat has sold off from its January highs, soybean meal languishes, and corn trades sideways.
Doubt about Chinese demand under the phase one deal weighs on soybeans, meal and wheat, and the next price catalyst is expected at spring planting.
thepigsite.comEmily HoughtonFeb 15, 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.
