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Soybeans rose modestly on short covering and technical buying, with optimism about China even as Beijing says US tariffs must be removed before a full deal. Brazil's soybean prices in local currency reached multi-year highs, and corn and wheat gained slightly on the USDA planned harvested-area review in Minnesota and North Dakota.
Possible US yield cuts and firmer Brazilian pricing support US soybean and corn values, though the uncertain China deal limits upside.
brownfieldagnews.comOct 17, 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.
