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CBOT soybean futures rose to a two-week high on Friday after USDA's Tuesday report cut the 2026-27 soybean ending-stocks forecast, contrary to expectations of an increase. Corn and wheat also rose, while a stronger dollar at a 19-month high weighed on US grain competitiveness.
Lower projected US soybean carryout tightens supply and supports soybean and meal prices. A firmer dollar partly offsets this by making US exports less competitive abroad.
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.