Loading…
Soybeans fell on profit taking after recent multi-week highs, while meal and oil followed lower. Corn rose on commercial and technical buying, and wheat gained on short covering, with U.S. planting moving slightly ahead of average.
This is routine market commentary with no new fundamental driver, so the moves reflect technical positioning rather than a change in supply or demand.
brownfieldagnews.comJohn PerkinsApr 25, 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.
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.
