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CBOT wheat rose 2 cents to 507.25 cents per bushel while corn fell 1 cent and soybeans fell 6 cents on October 30. Wheat opened higher on a single GASC cargo but gave back gains, and corn was pressured by weak ethanol margins and export competition from Argentina and Ukraine.
Weak US ethanol margins and export competition signal softer domestic corn demand, which keeps corn prices under pressure.
graincentral.comGuest AuthorOct 31, 2018graincentral.comGuest AuthorOct 28, 2018graincentral.comOct 29, 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.
