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US soybean and corn futures fell to six-week lows on Monday on expectations of large US crops, with Pro Farmer projecting a record 4.683 billion bushel soybean crop above USDA's 4.586 billion. Fears of African swine fever in China reducing feed demand, including soymeal, added pressure, and CBOT wheat also declined for a sixth session.
Larger expected US supplies and weaker Chinese feed demand point to lower prices for corn, soybeans and soymeal, which lowers feed input costs for buyers in the near term.
country-guide.caJulie IngwersenAug 27, 2018
manitobacooperator.caGFM Network News, Julie IngwersenAug 27, 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.
