National Ag News
Soybeans down, corn up after USDA numbers
Mar 31, 2017, 17:10 PM
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Soybeans were lower on commercial and technical selling, hitting new multi-month lows. The USDA is projecting record U.S. acreage this year and quarterly stocks were larger than expected. Quarterly demand was close to expectations, but the actual supplies may have been larger than realized. The USDA’s next set of supply and demand estimates is out April 11th. The trade’s watching South America, expecting record production and more export competition. Soybean meal and oil followed beans lower.
Continue reading Soybeans down, corn up after USDA numbers at Brownfield Ag News.
