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Soybeans and corn closed lower on speculative and technical selling after USDA's November report. December corn hit a new contract low, and China's October soybean imports reached a monthly record of 5.86 million tons.
Bearish USDA production numbers and heavy selling pressure weigh on prices, while record Chinese imports provide some demand support for soybeans.
brownfieldagnews.comJohn PerkinsNov 9, 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.
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.
