CBOT Soybeans Fall More Than 2% to Two-Month Low
Soybean futures fell more than 2% Monday as currency pressure and supplies from a record U.S. harvest weighed on prices, analysts said.
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Soybean futures fell more than 2% Monday as currency pressure and supplies from a record U.S. harvest weighed on prices, analysts said.
U.S. natural gas futures turned lower after the EIA reported a weekly inventory increase above expectations. The build left stocks at 3,500 Bcf, 68 Bcf above the 2021-2025 average.
The dollar index is firmer and Treasury yields are near multiyear highs, pressuring grain futures and other commodities. The roundup also includes analyst views on euro weakness, euro adoption prospects and fixed-income valuations.
(Repeats Thursday's column to additional subscribers without any changes. The views expressed here are those of the author, the chief market analyst for Zaner Ag Hedge and former Reuters agricultural columnist.) By Karen Braun NAPERVILLE, Illinois, Sept 17 (Reuters) — U.S. farmers have just begun harvesting another hug