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Soybeans and corn fell on commercial and technical selling after USDA raised Brazil's soybean production and export estimates to 108 million tons, above CONAB's 107.61 million. Wheat was mixed, with Chicago and Kansas City lower and Minneapolis higher, as USDA tightened U.S. wheat stocks and increased world stocks.
USDA's larger Brazilian crops and higher world stocks keep the grain complex under pressure, and soybean meal and oil followed beans lower.
brownfieldagnews.comJohn PerkinsMar 9, 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.
