National Ag News

Soybeans were lower on profit taking and technical selling. Forecasts over the next week look mixed, with most of the rain in the eastern Midwest, including parts of Ohio which are already too wet. Temperatures could moderate somewhat after another round of high heat. New crop exports are slower than normal because of record South American production. Soybean meal and oil were lower, following beans. Argentina’s Ag Ministry lowered its 2016/17 soybean production estimate to 55 million tons because of an increase in corn acreage.

Continue reading Soybeans, corn down on possible weather improvement at Brownfield Ag News.