Soybeans were sharply lower on speculative and technical selling. Forecasts for this week have generally moderate temperatures and increased chances of rainfall in a big chunk of the Midwest and Plains. The USDA’s national good to excellent rating improved over the past week, when many had been expecting at least a slight decline. Soybean meal and oil were lower, following beans. The USDA says the June soybean crush was 154 million bushels, down 4 million from May and unchanged from June 2016.
Continue reading Weather forecasts send soybeans sharply lower at Brownfield Ag News.
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