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Ukrainian commentary expects soybean prices to follow the upcoming USDA crop report, with Chicago soybean oil up 2% on biodiesel demand while soybean meal fell 3% on the month. Chicago January soybeans neared 10 dollars per bushel.
Soyoil strength paired with weaker meal pressures the crush margin, and a USDA cut to US soybean output would push soybean values higher.
graintrade.com.uaNov 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.
