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Soybeans opened higher on Monday night after the three-day weekend, extending Friday's bullish reversal following a USDA report with mixed crop messages. A cold snap reached as far south as the Delta, while corn traded in the middle of its trends after a new contract low on Friday.
Mixed USDA signals and a firm soybean open suggest near-term support for soybean prices, while heavy corn supplies keep corn under pressure.
farmprogress.comJan 16, 2018Not 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.
