Loading…
Chicago wheat futures eased about 0.7 percent to $4.30-1/2 a bushel after a 3 percent rally on Wednesday, the biggest since Dec. 27, as funds took a breather.
Corn and soybeans also edged lower after sharp gains the previous day.
Fund buying and a weaker dollar supported prices, but large global inventories and a favorable South American outlook cap upside, so the near-term bias is sideways to softer for feed grains.
arabnews.comReutersFeb 3, 2017Not 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.
