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Overnight, SRW and HRW wheat rose while corn and soybeans fell, with soymeal down $0.83 and soyoil down 0.36. Malaysian palm oil rose 67 ringgit to 5,190.
Registrations and open interest changes were also reported.
Routine overnight moves reflect little new information, though palm oil strength supports vegetable oil prices and offers some support to soyoil.
admis.comADMIS Research TeamJan 18, 2022Not 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.
