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Chicago wheat futures rose on commercial and technical buying, while soybeans edged higher on short covering. Analysts expect a large U.S. soybean crop, and China bought another 132,000 tons of new-crop U.S. beans.
Commercial buying supports wheat prices in the short term, but a large soybean crop and strong stocks limit upside in the soy complex.
brownfieldagnews.comJohn PerkinsSep 27, 2017Not 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.
