
Corn rose on an oversold bounce and fund and technical buying, while soybeans and wheat extended declines. Soybeans fell with crude oil and on fund selling, and Spain bought 167,000 tons of US soybeans.
The USDA supply and demand report is due November 10.
Corn's rebound reflects technical buying rather than new supply news, and soybean weakness tracks lower crude and palm oil. Traders are positioning ahead of the USDA report and harvest progress.
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.