Soybeans led a morning rebound in Chicago after sharp gains following Tuesday's USDA report, with January soybeans up about 17.5 cents by 6 a.m. CT.
Wheat bounced off eight-month lows and corn also rose, while the dollar index hit a 19-month high and the 10-year Treasury yield passed 5%.
A stronger dollar weighs on US-priced commodities, while rebounds from oversold levels reflect technical buying ahead of USDA export sales data. Feed buyers should expect volatile trading around the upcoming PPI release and export report.
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.