National Ag News

Soybeans were lower on commercial and technical selling. The trade’s watching South America with generally improved conditions in parts of Argentina and good harvest progress in Brazil. According to Allendale, 16.3% of Mato Grosso’s soybean crop is harvested, compared to 8.2% a year ago. Trade uncertainties are an issue for beans and Chinese Lunar New Year celebrations are also putting a damper on demand. Weekly export inspections were bullish for soybeans. Soybean meal and oil followed beans lower.

Continue reading Soybeans, corn down on South America, trade uncertainties at Brownfield Ag News.