
January soybeans closed up 7 1/2 cents at $11.15 1/4, a 13-month high, and rose 55 cents on the week. December soybean meal gained $6.00 to $321.60, a nearly nine-month high, while December bean oil fell 97 points to a 4.5-month low.
December corn and wheat also gained on the week.
Strong soybean and meal futures signal firmer feed protein costs, while the weakness in soybean oil points to softer oil values and possibly more meal supply from crushing.
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.
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.