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Soybean futures hit new highs on Tuesday after a surprising USDA supply and demand report. Analysts expect the market to hold high prices for a week or two before weakening as the focus shifts to U.S. planting.
Analysts see the rally as possibly temporary, so feed buyers face price volatility rather than a clear trend.
brownfieldagnews.comJohn PerkinsMay 10, 2016Not 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.
