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Intraday DTN updates on November 2 show January soybeans down about 18 cents, December corn and wheat mixed, and crude oil falling close to $8 per barrel. Soybeans and soy products faced fund liquidation and pressure from the sharp drop in crude.
Weaker crude weakens soyoil and biofuel economics, adding to fund-driven selling that pressures soybean complex prices.
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.
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.
