National Ag News

Soybeans were lower on commercial and technical selling. The trade’s digesting last week’s bigger quarterly stocks number and record U.S. acreage estimate. Conditions in South America generally look good, with probable record production, and export competition is increasing. Near term forecasts for parts of Argentina do have heavy rainfall, but medium and long term outlooks are more conducive for development and harvest. Soybean meal was mixed, adjusting old crop/new crop spreads, and bean oil was lower.

Continue reading Corn up, trying to buy some acreage at Brownfield Ag News.