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U.S. soybean futures fell to three-week lows as improving South American crop prospects outweighed renewed Chinese demand. Corn also dropped to three-week lows on weaker ethanol demand concerns and rain forecasts for Brazil's dry corn areas, while wheat rebounded from one-week lows.
Expanding Brazilian and Argentine supply prospects and a projected large U.S. carryout put downward pressure on soybean and corn prices despite Chinese buying.
agcanada.comAGCanadaDec 21, 2018Not 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.
