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CBOT wheat dropped to a four-month low during the session before recovering to finish roughly flat. The S&P GSCI Agriculture Index was little changed on the day.
A four-month low in Chicago wheat points to weakening global price sentiment, which lowers the cost of wheat as a feed ingredient.
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.