Soybeans were mixed, adjusting old crop/new crop spreads. 10% of this year’s crop is planted, in-line with analysts’ expectations. Some of that will likely have to be replanted and forecasts have more rain in parts of the Midwest ahead of what could be a better planting window. Soybean meal was lower and bean oil was higher on the adjustment of product spreads.
Corn was lower on profit taking and technical selling.
Continue reading Corn down on profit taking, but still watching weather at Brownfield Ag News.
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