Soybeans were lower on profit taking and technical selling. Near term weather forecasts continue to look mixed, better in some areas than others, but generally more moderate. The USDA’s national condition rating declined over the past week to the lowest level for this time of year in about a decade. The USDA’s first field based production estimate of the season, prevent plant numbers, and new supply and demand projections are all out August 10th.
Continue reading More moderate weather outlooks send corn, soybeans lower at Brownfield Ag News.
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