Loading…
US crude futures settled at $58.47 a barrel on June 28, down 96 cents, but gained about 9% over June. Traders awaited Sino-U.S. trade talks at the G20 and an OPEC+ meeting the following week.
Oil demand expectations tied to US-China trade outcomes and OPEC+ production cut decisions feed into energy costs for feed production, transport and ethanol margins, which can affect corn and soymeal pricing.
marketwatch.comMyra P. Saefong, Rachel Koning BealsJun 28, 2019Not 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.
