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Commodities were roughly unchanged on the week, with energy and metals offset by lower grain prices. The USDA's September WASDE raised the corn yield to a record 181 bu/acre and confirmed a large soybean crop, and all three major grains fell on the report.
A record corn yield and a bumper soybean crop add ample supply, putting downward pressure on corn, soybean and wheat prices for feed buyers.
home.saxoOle HansenAug 31, 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.
