
Chicago grain futures had mixed results over the week, with corn near a four-month low and soybeans at a two-and-a-half-month low amid expectations for large U.S. crops. Analysts expected the USDA to raise its soybean production estimate to a record while trimming its corn estimate, which would still imply the second-largest crop.
The report also cites Black Sea export disruption and upcoming peace talks as factors affecting wheat, and notes declines in soybean oil and meal futures.
Expectations for a record U.S. soybean crop and a very large corn harvest increase prospective supply, pressuring oilseed and feed-grain prices. Black Sea export risks may support wheat, while any restoration of trade routes could ease that premium.
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.