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Analyst Sam Funk told Brownfield that grain and oilseed prices are under pressure from a global glut, as large production has reached the market and supplies are sufficient across commodities. He spoke at the Farm Progress Show in Decatur, Illinois.
Abundant world supplies cap rallies in feed grains and oilseed meals, keeping feed input costs subdued for buyers.
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.