CBOT wheat futures rose over 1 percent in the week ended August 31 amid concerns about Russia's production and global weather. December corn gained about 0.6 percent while November soybeans fell 1.4 percent.
Concern over Russian output and weather supports wheat prices, while weak export demand caps gains. Corn and soybean moves were modest and mixed.
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.
Weekly gain on Russian production and global weather concerns shows the supportive supply sentiment leading into the move.