Brazilian soybean farmers have begun to reap their 2023/24 soybean crop, covering some 0.6 per cent of the national planted area as of last Thursday, agribusiness consultancy AgRural said on Monday.
Crops suffered from lack of humidity; now rains are hampering harvest in some areas
Corn futures set a contract low; wheat prices advanced
Wheat futures rebounded from one-month low; corn stabilized
Canola is hoping to break out of its 2023 hangover
Vegetable oil markets also became weaker
Corn consistently below moving averages a bearish sign says analyst
A two-week high in the U.S. dollar also hung over agricultural markets
Corn set a contract low in front-month futures; wheat futures declined
The U.S. crush topped 200 million bushels in October for the first time ever
Wheat, soy decline on bumper Brazil harvest, resilient Black Sea trade