National Ag News

Soybeans were higher on commercial and technical buying, continuing to bounce off the recent lows. The supply is only getting bigger, but demand is expected to remain strong. Conditions in Brazil generally look good, Argentina is expected to see a drier pattern, and a continuation of corn planting delays would likely lead to at least some increase in domestic soybean acres. In the first U.S. planting estimate of the season, 6% of beans are planted, compared to the five year average of 3%.

Continue reading Soybeans extend rally, corn firm at Brownfield Ag News.