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On July 20, 2020 CBOT corn, wheat and soybean futures closed lower or mixed, while soybeans and soybean oil closed higher. Soybeans rose on a China export sale announced that morning, and soybean oil rallied on strong palm oil and Chinese rapeseed oil prices.
Live cattle, feeder cattle, hogs and milk closed mostly lower.
A confirmed China soybean purchase supports bean prices, while weaker corn and wheat and lower livestock prices point to softer feed grain and meat costs.
kyfb.comJul 20, 2020Not 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.
