A Chinese daily agricultural commentary reports CBOT soybeans closed lower on record US output and fund selling, and domestic meal prices are soft with high inventories. Palm oil fell on Indonesian export competition and weaker crude, with Malaysian October exports up 45.4% month on month.
Hog prices fell near-term despite sharp sow herd declines, and corn spot prices eased as new crop supply rose.
Record US soybean supply, rising Malaysian palm exports and heavy domestic stocks keep vegetable oil and meal prices under pressure, while weak hog margins limit feed demand.
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.