
CBOT wheat futures traded sideways after hitting a four-month low, with December soft red winter wheat up 1.25 cents at $6.01 a bushel. The dollar's weakness after the US midterms gave support, while expectations of easing Ukraine and Iran war disruptions weighed.
Soybean futures were expected to open 6 to 9 cents lower as harvest pressure continued.
Wheat is holding near multi-month lows, so feed grain costs are stable. Soybean harvest pressure and softer dollar-linked prices point to near-term downside for oilseed-based feed inputs.
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.