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December corn tried to bounce from a four-month low while soybeans and soymeal were mixed. China's non-soybean agricultural purchases were reported at a seven-year low, and US stocks and oil were moving lower.
Weak Chinese purchases reduce export demand for US farm goods and add pressure to soybeans. Feed buyers should expect limited upside in grain and meal prices.
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.