Soybeans were lower on speculative and technical selling. Contracts gave back Wednesday’s gains, and then some. Most forecasts have moderate to cool temperatures and at least some rain in the parts of the Midwest and Plains over the next couple of days. Most 6-10 day outlooks also generally look moderate with scattered rain. With about a month left in the 2016/17 marketing year, weekly export numbers were bullish. U.S. beans continue to maintain a par with Brazil for price.
Continue reading Rain in parts of Midwest sends soybeans, corn lower at Brownfield Ag News.
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