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Soybeans, corn and wheat fell on fund and technical selling. Dryness in Argentina and southern Brazil is not expected to cut Brazil's record crop much, since central and northern Brazil can offset it.
Chinese demand remains uncertain due to rising COVID cases.
Large Brazilian supplies and weak near-term export and ethanol demand for corn outweigh South American weather risks. This keeps grain and oilseed prices under pressure.
brownfieldagnews.comJan 4, 2023Not 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.
