
Soybeans and corn closed lower in Chicago, with estimated fund selling of 7,000 soybean contracts, 2,000 soybean meal contracts and 6,000 soybean oil contracts. Corn was pressured by progress in the U.S. harvest, while Brazil’s ANEC projected October soybean exports at 6 million tonnes; wheat posted a moderate gain.
Fund selling and advancing U.S. harvest add near-term pressure to soybean and corn prices, while Brazilian export availability adds to competition in global oilseed markets. The reported wheat gain was modest and no new supply driver was identified.
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.