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Corn and soybean futures fell on October 10 after USDA's new production estimate came in 2% lower on the month, with ending stocks below September but above expectations. Traders were also watching China trade talks, and weekly export numbers were bearish given competition from Argentina, Brazil and Ukraine.
Stocks above expectations and competing South American and Black Sea supplies weigh on corn exports and prices. Soybean meal was lower on product spread adjustments, while the China talks remain a key upside risk for soybeans.
brownfieldagnews.comOct 10, 2019Not 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.
