Loading…
March corn fell 1.75 cents to $4.73 1/2, hitting another contract low, while January soybeans rose 16.75 cents to $13.46 1/2 and soyoil surged. January soybean meal fell $6.10 to $430.50, and wheat futures rallied from contract lows.
A daily wrap with a short-covering rebound in soybeans and wheat and a sharp drop in soybean meal; no single new cause is cited.
profarmer.comPro Farmer EditorsNov 28, 2023Not 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.
On Nov 28 wheat futures rallied from contract lows, which fits a sharp rebound over the following days and so contributes to the 5-day move.
