
Wheat futures closed mostly firm on Thursday, while corn and soybeans fell amid fund and technical selling. Soybean export sales were 53.5 million bushels and corn sales were 51 million bushels; Sinograin also announced it would auction 203,000 tonnes of previously purchased soybeans next week.
The mostly firm wheat close reflects oversold conditions, but concern that U.S. supplies are high relative to demand may limit gains. Soybean auction supply and weaker weekly export sales weighed on soybeans, while corn faced selling pressure despite above-average export sales.
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.