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Hard wheat futures rallied with double-digit gains on Monday July 30 while row crops traded quietly. A weaker US dollar lifted dollar-denominated commodities, and corn was 2 to 3 cents higher with new-crop December trading near $3.80.
Dry conditions in Wisconsin, Illinois, Indiana and northern Missouri raised concern about soybean condition ratings.
A weaker dollar and dry Midwest soybean fields support feed commodity prices, while wheat strength adds to feed grain costs.
dtnpf.comElaine KubJul 30, 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.
