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CBOT soybean contracts are expected to be choppy as the November contract nears expiry and harvest pressure continues. Analysts see soybeans holding near US$8.50 a bushel, with demand emerging below that level.
Corn is stuck in a sideways pattern around US$3.70 per bushel.
Harvest selling caps rallies in both crops, and trade-war uncertainty limits any sustained recovery. Soybean support near $8.50 reflects demand that could appear at lower prices.
grainews.caGFM Network NewsOct 24, 2018Not 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.
