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U.S. soybean futures rose after testing technical support, supported by strong weekly export sales of 2.008 million tonnes, above trade forecasts, and a flash sale of 132,000 tonnes to China. Corn and wheat futures weakened on profit-taking.
Strong export demand tightens the U.S. soybean balance sheet and supports prices, while the softer corn and wheat tone points to lower values for those grains.
agcanada.comAGCanadaDec 15, 2016Not 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.
