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Chicago soybeans were poised for a fifth weekly gain on expectations of higher Chinese demand ahead of the Phase 1 deal signing. Wheat was on track for a fourth weekly gain on declining US winter crop conditions.
Anticipated Chinese purchases supported soybean prices, while dry US Plains conditions supported wheat.
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.