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U.S. soybean futures fell on Monday as ample U.S. supplies and rising trade tensions with China outweighed support from a lower-than-expected USDA planting forecast. Soymeal prices dropped sharply.
May corn slipped after reaching a 2.5-week high.
Large U.S. stocks and fears of losing Chinese demand weigh on soybean and soymeal prices, though a tighter acreage outlook limits the downside.
grainews.caGFM Network NewsApr 2, 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.
