National Ag News
Corn, soybeans higher on weather concerns
Jun 9, 2017, 17:03 PM
by
System
Soybeans were modestly higher on commercial and technical buying. USDA raised old crop ending stocks, which pushed new crop stocks higher, and increased the world numbers. Weather’s a bigger factor right now, with hot, dry conditions expected over the near term in many key growing areas. Soybean meal was mixed, adjusting old crop/new crop spreads, and oil was up, following beans and crude. Unknown destinations bought 201,000 tons of 2016/17 U.S. beans.
Corn was modestly higher on commercial and technical buying.
Continue reading Corn, soybeans higher on weather concerns at Brownfield Ag News.
