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Soybeans and corn fell on commercial selling and harvest pressure, with soybean futures down more than 10 cents in the most active months. Chinese cancellations of 180,000 tonnes of U.S. soybeans and 120,000 tonnes of optional-origin cargoes were linked to the tariff, and Brazil's new crop is expected to be another record.
Cancelled Chinese orders and a large expected Brazilian crop weigh on soybean and meal prices. Harvest pressure in the U.S. adds near-term downside for grain feed costs.
brownfieldagnews.comOct 19, 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.
