Soybeans were lower on commercial and technical selling. Brazil’s harvest is ahead of average and forecasts have only minor near term delays in most areas. New private estimates have a year to year increase for planted acreage with the USDA’s 2017 Prospective Planting report, and Quarterly Stocks, out on the 31st. Soybean meal was lower and bean oil was higher on the adjustment of product spreads. Monthly NOPA soybean crush numbers are out Wednesday.
Continue reading Corn up on new export sale at Brownfield Ag News.
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