Soybeans were higher on speculative and technical buying. Large portions of the Midwest and Plains should see only scattered rainfall along with high temperatures through the weekend. A lot of this year’s crop is at or very close to critical stages of development. Still, contracts actually had a technically bearish close, with many of the more active contracts failing to break overhead resistance. Soybean meal and oil followed beans higher. The USDA’s weekly export sales report is due out Thursday at 8:30 AM Eastern/7:30 AM Central.
Continue reading Soybeans, corn up, but below day’s highs at Brownfield Ag News.
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