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Soybeans and soybean meal finished higher on commercial and technical buying at the start of December 2017, while soybean oil fell on product spread adjustments. Corn also rose modestly, and USDA reported an October soybean crush of 176 million bushels.
Stronger meal and crush data support feed ingredient prices, while lower soyoil points to weaker oil demand from spread adjustments.
brownfieldagnews.comJohn PerkinsDec 1, 2017Not 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.
