National Ag News

Soybeans were modestly higher on commercial and technical buying. The USDA’s national good to excellent rating declined over the past week and a number of states have increasing poor to very poor rating levels. Rainfall this week is expected to be scattered, missing some of the drier areas. Given the weather issues, Tuesday’s finish could be considered a little disappointing. Soybean meal was mostly higher and bean oil was up, following beans. Monday’s NOPA member crush report showed the crush below year ago levels for the fifth consecutive month.

Continue reading Weather woes support soybeans, corn at Brownfield Ag News.