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Soybeans, corn and wheat all fell on profit-taking and technical selling after Tuesday's gains. Soybean meal rose on commercial demand, while soybean oil fell, and Unknown destinations bought 30,000 tons of US soybean oil.
This is routine market movement with no new fundamental shock, so prices are likely to track US planting progress and South American marketing in the near term.
brownfieldagnews.comJohn PerkinsMay 11, 2016Not 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.
