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Cash bids for sorghum were higher in the week to March 6 while soybeans fell and wheat was mixed. Corn cash and futures prices were trending gradually higher as stored supplies waited for better prices.
The report also flagged uncertainty in soybeans from hostile U.S.-China trade relations.
Firmer sorghum and corn bids reflect seasonal carry and steady feed demand, while soybean weakness reflects trade-policy risk.
hpj.comHPJ StaffMar 12, 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.
