
The article says expectations remain for record soybean production and the second-largest corn crop, with large harvest supplies likely to weigh on grain markets into winter. Farmers sold corn and soybeans heavily before and during harvest, and lower futures prices may now make them more reluctant to sell additional crops.
Large expected crops increase available supply and are a bearish price factor, but substantial early farmer selling may reduce the volume offered during later seasonal selling periods and lend support to prices. The resulting price effect depends partly on whether demand absorbs the large stocks.
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.