Soybeans were higher on commercial and technical buying. Forecasts for this week do have rain, but it’s expected to be scattered, possibly missing some key growing areas. The USDA says 90% of U.S. beans are blooming and 65% are at the pod setting stage, both a little ahead of their respective five year averages. 60% of the crop is rated good to excellent, up 1% on the week. Demand is solid and unknown destinations bought 206,000 tons of old crop U.S.
Continue reading Soybeans, corn up on rain coverage questions at Brownfield Ag News.
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