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Soybean futures traded lower after several days of gains, as profit-taking and increased farmer selling pushed prices down with board prices above $10. Reports indicated Argentine crop-condition concerns and ongoing crushing and export activity.
Routine price moves driven mainly by farmer selling and profit-taking, with no major new supply shock, leave the outlook for feed costs largely unchanged.
agupdate.comJan 31, 2018Not 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.
