CBOT soybeans fell to an 11-week low as crude oil dropped after the Republican loss of Congress in the midterms, with markets betting this could speed an end to the US-Iran conflict. Domestic meal prices fell on weak costs and high inventories, and BMD palm oil hit a four-month low on expectations of record October stocks.
Hog futures weakened on heavy market supply, and corn prices were little changed.
Lower energy prices and rising crush-driven meal and oil inventories weigh on soymeal, soyoil and palm oil prices, while weak hog prices reduce 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.