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Soybean futures fell for a seventh straight session to a five-month low on Thursday, with May contracts near $9.65 a bushel. Traders cited expected record U.S. acreage, higher Argentine yield forecasts, and weaker Chinese demand.
Expanding supply from the US and Argentina against softer demand keeps downward pressure on soybean and soymeal prices for feed buyers.
economies.comRami HaddadMar 30, 2017Not 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.
