National Ag News

Soybeans were higher on commercial and technical buying. Unknown destinations bought 140,000 tons of 2016/17 U.S. beans, the second day in a row with a new sale of more than 100,000 tons to unknown. That could be a signal China’s fully back in the market after the recent Lunar New Year celebrations. Many forecasts have heavy rain in parts of Argentina over the near term. Soybean meal was higher and bean oil was lower on the adjustment of product spreads.

Continue reading Demand outlook supports soybeans, corn at Brownfield Ag News.