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Soybeans, corn supported by demand and weather

Jun 7, 2017, 17:07 PM by System

Soybeans were higher on commercial and technical buying. Near term demand prospects remain strong, with new supply and demand numbers out Friday at Noon Eastern/11 AM Central. The trade’s expected to watch domestic old crop and South American numbers closely. It’s early in the season, but there are concerns about hot weather in the Plains and Midwest. Soybean meal was higher and bean oil was lower on the adjustment of product spreads.

Corn was higher on commercial and technical buying.

Continue reading Soybeans, corn supported by demand and weather at Brownfield Ag News.

     

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