
Wheat prices rose after stronger-than-expected weekly export sales, while U.S. winter wheat planting was reported 83% complete and emergence 65% complete. Rice closed at a new high for the move amid concerns that El Niño could reduce global production; the headline also reports pressure on corn and soybeans.
Stronger wheat export demand and potential weather-related rice supply losses support prices, while the corn and soybean pressure points to weaker near-term market tone for those crops.
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.