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Soybeans, corn and wheat rose on commercial and technical buying in early February. Unknown destinations bought 236,700 tons of US soybeans, a surprise sale that may be switched to China.
Indonesian palm oil exports were 2.68 million tons in December, and USDA reported December crush of 169 million bushels.
Strong export demand and tight South American concerns support soybean and corn prices, while meal and oil moved higher with beans.
brownfieldagnews.comJohn PerkinsFeb 1, 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.
