National Ag News

Soybeans were narrowly mixed in pre-report position squaring. The trade’s getting ready for Thursday’s USDA supply, demand, production, and prevent plant numbers. The range of estimates is for production is pretty narrow, but the average guess is for a slight decline from July’s projections. Near term forecasts have more moderate temperatures and generally scattered rain in key growing areas. Soybean meal was lower and bean oil was higher on the adjustment of product spreads.

Continue reading Corn and wheat up, soybeans mixed ahead of USDA numbers at Brownfield Ag News.