Corn and Soybean Export Sales Land on Low End of Forecasts
The yield on the 10-year US Treasury bond fell 6.44 basis points to 3.8067%. | Summary of performance of major global asset classes as of 20240821
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U.S. Soybean Export Sales Exceed Forecast
Stock Market Selloff May Have Favored Grains
Hurricane Belle brings rain, futures for corn and soybeans fall to near four-year lows.
Due to the tropical storm "Belier" expected to bring rain to the central and western regions of the USA, it may help increase production during the critical period of crop growth, and grain prices have fallen to the lowest level since the epidemic.
Chicago SRW wheat prices continue to weaken while sentiment for soybean and corn is bullish.
Weekly overview. This week, the price of hard red winter wheat (HRW) continued to decline due to the improved crop outlook for wheat.