Soybeans were higher on commercial and technical buying. Contracts saw a bounce off the recent lows, but still expect record South American production and record U.S. acreage, limiting gains. Continued corn planting delays could mean even more bean acres this year. Soybean meal was lower and bean oil was higher on the adjustment of product spreads. Weekly export sales numbers are out Thursday at 8:30 AM Eastern/7:30 AM Central.
Corn was narrowly mixed, with just fractional changes or steady finishes in most months.
Continue reading Soybeans see small bounce off recent lows at Brownfield Ag News.
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