Soybeans were higher on commercial and technical buying. There was moderate to heavy rainfall in Argentina over the weekend with more expected in some areas this week. Beans are also watching Brazilian harvest activity. Safras e Mercado projects Brazil’s new crop at 107.09 million tons. China’s back in the market after Lunar New Year celebrations. No new sales, but it is worth noting weekly export inspections were solid, in spite of China being on holiday.
Continue reading Demand expectations support soybeans at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.