
On November 5, December corn fell about 3.5 cents per bushel and January soybeans fell about 12.75 cents by midday, while December wheat contracts gained slightly. Soybeans, corn and bean oil extended losses on fund liquidation, and soymeal was also lower.
Crude oil rose after Wednesday's 8% drop.
Fund liquidation and favorable weather for Brazil's dry north weigh on corn and soybean complexes, which lowers feed ingredient costs. Soymeal's decline supports cheaper protein for feed buyers.
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.