National Ag News

Soybeans were higher on commercial and technical buying. Planting is a little slower than average, but it is still relatively early in the season. Some near term forecasts do have a generally cooler, wetter pattern in parts of the Midwest, which is more of an issue for corn than soybeans, at least for now. Soybean meal was higher and bean oil was lower on the adjustment of product spreads. USDA’s new supply and demand estimates are out Wednesday and are expected to show tighter old crop supplies.

Continue reading Soybeans, corn up ahead of USDA numbers at Brownfield Ag News.