National Ag News
Corn, soybeans up modestly, watching demand, weather
Jun 5, 2017, 17:01 PM
by
System
Soybeans were modestly higher on commercial and technical buying. The trade was watching the U.S. planting pace with a mixed forecast for the Midwest and Plains over the next few days. As of Sunday, 83% of U.S. beans are planted, compared to the five year average of 79%, and 58% have emerged, compared to 59% on average. No states have officially wrapped up planting activity. Old crop/new crop spread trade was also a factor.
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