National Ag News

Soybeans were steady to fractionally lower. Near term demand should stay strong, but there is increased export competition from South America. The trade also expects at least some increase in U.S. acreage because of the corn planting delays. Still, there’s a lot of uncertainty about just where acreage will end up this year. The USDA’s next acreage update is out at the end of June. Bean meal was mixed, adjusting old crop/new crop spreads, and bean oil was weak.

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