National Ag News

Soybeans were lower on profit taking and technical selling. USDA was expected to report slower than average U.S. planting with more rain possible in some areas at mid-week, but it’s still relatively early in the season. As of Sunday, 14% of U.S. soybeans are planted, compared to 21% a year ago and the five year average of 17%. The trade’s still expecting big, if not record, U.S. acreage this year. Soybean meal was lower and bean oil was higher on the adjustment of products spreads.

Continue reading Corn, soybeans lower, despite weather issues at Brownfield Ag News.