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Wheat rebounded on an oversold bounce while soybeans eased on fund selling. The trade is awaiting confirmation of the roughly 10 million tons of US soybean purchases China has been expected to make, which have not appeared in export sales data.
Delayed Chinese buying keeps soybean and meal prices under pressure, and cheaper South American beans limit US export competitiveness. Possible planting delays could shift acreage and later supply.
brownfieldagnews.comMar 5, 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.
