
Soybeans rose 0.3% and corn gained 0.1% on Friday as higher crude oil prices supported biofuel-linked demand. Both remain on track for weekly losses amid ample-supply expectations, including record U.S. soybean production, while traders await next week’s USDA estimates.
Higher oil can improve the appeal of biofuel feedstocks and support soybean and corn prices, but abundant expected supplies and possible renewed Black Sea grain shipments limit upside. The reported daily gains are small against the commodities’ weekly declines.
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.