National Ag News

Soybeans were modestly lower on profit taking and technical selling. Beans are watching development conditions and harvest activity in South America. Conditions look generally good, aside from minor near term rain delays close to ports in southern Brazil. Safras e Mercado says 94% of Mato Grosso’s crop is harvested. Mato Grosso is Brazil’s top soybean producing state. The trade’s also getting ready for prospective planting and quarterly stocks reports on the 31st. Soybean meal was weak and bean oil was firm, adjusting product spreads.

Continue reading Corn continues bounce, soybeans take profits at Brownfield Ag News.