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Agricultural markets were under pressure most of the week as improved weather allowed harvest and winter wheat planting, and a stronger U.S. dollar made exports pricier. Soybean export sales to China were very weak amid the trade war, while wheat exports remained weak with Russia selling.
A late-week rally was described as largely technical.
Weak US export demand for soybeans and a firm dollar point to heavier US supplies and lower export-based prices for feed grains and meal.
agweek.comAlex Norton, Beeson IncOct 28, 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.
