National Ag News

Soybeans were lower on speculative and technical selling, with the most active months settling towards the high end of the day’s range. Weather forecasts for most of the Midwest and Plains look non-threatening, with a big portion of the region expected to see rainfall over the next week. The trade does expect a record crop, but this crop isn’t fully made yet. As of Sunday, the USDA says 94% of U.S. beans are blooming and 79% are at the pod setting stage, both faster than normal, and 59% of the crop is in good to excellent shape, down 1%.

Continue reading Corn up, soybeans down, watching weather at Brownfield Ag News.