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UK feed wheat futures rose modestly on Oct 23 while US wheat hit three-month highs on a smaller US maize crop outlook. China offered a 10 million tonne tariff-free soybean import quota to major processors, and Chinese buyers were choosing cheaper Brazilian beans.
A tighter US maize crop supports feed grain prices, while the Chinese quota reduces US soybean demand pressure relative to Brazil.
graincentral.comGuest AuthorOct 31, 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.
