Soybeans were lower on commercial and technical selling. Many forecasts have improving development weather in Argentina, but that will be too late for beans in parts of the country. Brazil’s early harvest is moving quickly, especially in Mato Grosso. Beans also saw pressure from lower overnight Malaysian palm oil trade. Soybean meal was higher and bean oil was lower on the adjustment of product spreads.
Corn was higher on commercial and technical buying.
Continue reading New export sale supports corn at Brownfield Ag News.
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