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Chicago wheat fell to its lowest in over three months as harvest pressure from the US and Russia weighed on prices. Soybeans hit their lowest level in four years and corn slipped on expectations of ample global supplies.
Harvest supply growth and a large USDA corn crop estimate point to continued downward pressure on feed grain and wheat prices.
brecorder.comReutersJul 15, 2024Not 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.
Soybeans hit a four-year low amid ample global supply expectations, consistent with the sharp decline.
