National Ag News
Supply pressure sends soybeans, corn lower
Apr 26, 2017, 17:08 PM
by
System
Soybeans were lower on speculative and technical selling. Harvest conditions in South America generally look good, with a drier pattern for Argentina, and U.S. planted area should be a new all-time high. That acreage number could climb if corn planting delays continue. Demand is expected to stay strong and could limit losses, but for now, supply is beating out demand. The USDA’s weekly export sales report is out Thursday at 8:30 AM Eastern/7:30 AM Central.
Continue reading Supply pressure sends soybeans, corn lower at Brownfield Ag News.
