National Ag News

Soybeans were modestly higher on short covering and technical buying. Contracts bounced back a little after Thursday’s post-USDA report drop. The market’s focus is back in weather, expecting generally moderate temperatures and scattered rainfall in the near term. Ample crop or not, demand should continue to keep a floor under prices. China bought 120,000 tons of U.S. beans, half for this marketing year, half for next. The new marketing year for soybeans gets underway September 1st.

Continue reading Soybeans, corn bounce back, slightly at Brownfield Ag News.