
Soybeans began the week mostly steady as traders awaited the USDA report, while soybean meal remained under pressure from fund liquidation despite strong export sales. Corn traded in a narrow range ahead of the report, with analysts expecting slightly lower U.S. yields and ending stocks; wheat remained in a bearish trend ahead of Russia-Ukraine-U.S. peace talks that could address shipping and energy infrastructure.
Expected lower corn yields and stocks could lend corn prices some support, while liquidation is weighing on soybean meal. Potential progress on Black Sea shipping could reduce wheat’s risk premium and pressure prices.
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.