Soybeans were mixed, adjusting old crop/new crop spreads. Conditions have improved in parts of Argentina and Brazil’s harvest is both ongoing and ahead of average. The potential for a big South American crop is a negative and there are a lot of trade uncertainties. Chinese demand is slow because of the Lunar New Year celebrations. Soybean meal was mixed, following beans, and oil was up.
Corn was higher on commercial and technical buying.
Continue reading Corn up on demand expectations at Brownfield Ag News.
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