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Soybeans and corn closed lower on profit taking, a firmer dollar and expectations of a large Brazilian crop. Informa and other analysts cut Argentina's 2017/18 crop estimates on hot, dry weather, while Brazil's soybean crop is estimated near 110-112.5 million tons.
Expectations of a big Brazilian harvest offset Argentine drought losses, pressuring soybean meal and oil and limiting corn gains for feed markets.
brownfieldagnews.comFeb 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.
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.
