National Ag News

Soybeans were modestly lower on commercial and technical selling, unable to follow through on the early gains. Soybean crush numbers for February were below pre-report estimates and the trade’s bracing for more South American export competition. Forecasts have some harvest delaying rain in parts of Brazil, but those delays are expected to be minor. Beans have now lost ground for eight consecutive sessions and made another round of multi-month lows. Soybean meal was mixed, adjusting old crop/new crop spreads, and bean oil was lower on profit taking.

Continue reading Corn, wheat bounce back slightly at Brownfield Ag News.