Soybeans were higher on commercial and technical buying. Thursday’s USDA supply and demand report could show tighter U.S. ending stocks and world stocks are also expected to be down from January. USDA’s expected to lower Argentina’s crop estimate and raise the projection for Brazil. The report is out at Noon Eastern/11 AM Central. Soybean meal and oil followed beans higher. The USDA’s weekly export sales report is also out Thursday.
Corn was higher on commercial and technical buying.
Continue reading Soybeans, corn, wheat up ahead of USDA numbers at Brownfield Ag News.
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