Soybeans were higher on commercial and technical buying. Unknown destinations bought 132,000 tons of old crop U.S. beans Tuesday morning. 32% of this year’s crop is planted, a little slower than last year, but matching the five year average. The quicker corn planting pace may mean fewer acres are switched over to soybeans. Soybean meal was higher, following beans, and bean oil was very narrowly mixed, consolidating.
Corn was fractionally mixed, watching weather and its impact on this year’s planting and development.
Continue reading Soybeans up on new export sale at Brownfield Ag News.
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