National Ag News

Soybeans were higher on commercial and technical buying, along with spillover from the outside markets. Demand is solid and U.S. beans are competitively priced against Brazil after recent currency declines. Weekly export inspections were bullish, but have slowed down with increased South American competition. The trade does expect at least some increase in U.S. acreage after the corn planting delays. As of Sunday, 53% of U.S. soybeans are planted, compared to the five year average of 52%, and 19% have emerged, compared to 21% on average.

Continue reading Corn higher, watching planting weather at Brownfield Ag News.