Chicago Board of Trade futures closed sharply higher on June 30, 2017, with July corn up 30 3/4 cents, July soybeans and soybean oil gaining about 46 cents to over 33 cents per pound, and wheat contracts rallying strongly. The quotes reflect a broad grain rally.
Sharp gains across corn, soybeans and wheat following the June 30 USDA acreage report signal a major supply-driven price shift that raises feed ingredient costs 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.
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.