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Chicago grain prices have rallied strongly, with corn moving into the $4 range and soybeans above $11 a bushel. U.S. data showed Ohio and national corn planting caught up to average pace by early June.
Completed planting removes a supply risk, but the rally is driven partly by uncertain factors, so buyers face volatile feed grain costs.
farmanddairy.comMarlin ClarkJun 7, 2016Not 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.
