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Soybeans rose on commercial and technical buying near multi-month highs, supported by strong export inspections topping 2 million tons. Brazil's soybean crop was projected at 102.6 million tons, and Argentina's planting was 39% complete.
Corn was mixed and wheat was mixed across markets.
Strong US export demand supports soybeans and meal, but a large Brazilian crop expected next year will cap gains later. Buyers should watch South American supply as the main downside risk.
brownfieldagnews.comJohn PerkinsNov 28, 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.
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.
