
Agricultural futures fell sharply on Tuesday as traders held back ahead of the US midterm election results. Attention turned to the Senate race, which remained too close to call, and to Iran, where oil futures pulled back on signals from both the US and Iran of a desire for talks.
Election uncertainty and a retreat in crude oil reduce risk appetite and energy-linked support for grain and oilseed prices. Feed buyers may see softer prices near term, but the direction depends on the election outcome and Iran diplomacy.
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.