Soybeans were narrowly mixed with fractional changes on either side of steady. Weekly export numbers were bullish and demand’s expected to stay strong. Brazil’s harvest is about to wrap up and Argentina’s is gaining steam thanks to a drier weather pattern. The Buenos Aires Grain Exchange says Argentina’s harvest is 32.3% complete. Also, the trade’s expecting at least some increase in U.S. acreage because of slow corn planting. Soybean meal was higher and bean oil was lower, adjusting product spreads.
Continue reading Corn, wheat higher, watching weather at Brownfield Ag News.
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