Rough rice reached a new contract high last week before retreating with other grain markets. Wheat, corn, and soybeans faced pressure as investment funds reduced positions, and cattle futures also came under heavy selling; traders were looking ahead to Tuesday’s USDA reports.
Fund liquidation has added selling pressure to grains and cattle, while rice has remained relatively strong within its trading range. USDA data may affect expectations for crop supplies and prices, but no new supply or demand figures are reported here.
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.