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Grain and oilseed markets closed lower on December 11, with CBOT wheat down 6 cents and soybeans down 7 cents. Traders were cautious ahead of the USDA WASDE report and doubted that a China purchase would fix the US soybean balance sheet.
Routine daily price wrap with no new supply or demand cause; it shows soybean prices still face weight from large US stocks.
graincentral.comGuest AuthorDec 10, 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.
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.
