
Grain futures were mixed early Monday, with corn and soybeans higher, soybean meal and both wheat contracts lower, and soybean oil higher. Traders were focused on Tuesday’s USDA reports, while the article also noted China’s announcement that its trade truce with the United States would effectively run through January 10.
The USDA estimates may alter expectations for U.S. crop size and stocks, while an extended trade truce could support agricultural trade flows by delaying additional trade barriers. The mixed futures moves offer no clear broad direction for feed costs.
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.