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Chicago corn consolidated after a slide the previous day as mixed South American weather and strong Chinese demand were assessed. Soybeans edged higher on a rally in vegetable oils, while wheat traded near a 2021 low.
A rally in vegetable oils tightens global oilseed supply and supports soybean and soybean oil prices, despite the coming South American harvest. Delayed Brazilian second-crop corn planting keeps near-term corn supply concerns alive.
financialpost.comReutersMar 23, 2021Not 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.
