National Ag News

Soybeans were modestly lower on commercial and technical selling. Forecasts have rain in parts of Argentina and Brazil, helping late development, but slowing down harvest and transportation. Harvest activity in both countries is ahead of average. Domestic demand should continue to stay strong, even if export demand takes a hit. Weekly export inspections were neutral to bullish. The USDA’s next set of supply and demand estimates is out March 9th. Soybean meal and oil were mostly lower, following beans.

Continue reading Corn, soybeans weak, watching South America at Brownfield Ag News.