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Soybeans edged higher on commercial and technical buying after recent losses. The U.S. harvest is ahead of average and the crop is in very good condition, while trade tensions with China continue and Brazil is off to a record planting start.
A modest bounce from oversold levels does little to offset ample U.S. supply and record South American output, so the price outlook stays soft; soymeal gains and firmer corn and ethanol readings are minor offsets.
brownfieldagnews.comSep 25, 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.
