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Soybeans and corn slid on fund and technical selling, with China reportedly not buying any old or new crop U.S. beans the prior week and talks set to resume in October. Brazil's soybean exports in August fell sharply on the year, and Argentine crush workers were on strike over wages.
Lack of Chinese buying and Brazilian export weakness keep U.S. soy demand soft, while an Argentine crush strike can cut meal supply and support soymeal prices.
brownfieldagnews.comSep 6, 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.
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.
