National Ag News
May soybeans, corn make new lows
Mar 23, 2017, 17:06 PM
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System
Soybeans were lower on commercial and technical selling, with May hitting a new eight month low. Harvest and development conditions look generally good in most of South America and the trade expects record production. Weekly export numbers were bullish with solid sales and shipments. The Buenos Aires Grain Exchange projects Argentine soybean production at 56.5 million tons. FC Stone projects 2017 U.S. soybean acreage at 87.3 million acres.
Corn was lower on commercial and technical selling with the May contract establishing a new 2017 low.
Continue reading May soybeans, corn make new lows at Brownfield Ag News.
