Loading…
Grain futures had a volatile week, with a sharp sell-off on May 10 after rains in western North Dakota, then a partial recovery on May 11. Prices fell again on May 12 after the USDA Crop Production report.
Soybeans continued to rise while other grains declined.
Profit-taking and improved growing conditions pushed corn, wheat and other grains lower, while soybeans held firm on tight supplies. This is a routine price wrap rather than a new supply shock.
agweek.comRandy MartinsonMay 14, 2021Not 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.
