National Ag News

Soybeans were mostly fractionally lower, failing to follow through on early gains. Many forecasts have more harvest and transportation delaying rains in parts of Brazil this week. Domestic demand should stay strong, even if U.S. exports decline because of probable record South American production. Safras e Mercado says Brazil’s key state of Mato Grosso is 78% harvested. Soybean meal was mixed, adjusting old crop/new crop spreads, and bean oil was down on profit taking.

Continue reading Winter wheat up on early emergence, dry weather at Brownfield Ag News.