National Ag News
Corn, soybeans down, expecting big crops
Aug 30, 2017, 17:09 PM
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System
Soybeans were lower on speculative and technical selling, finishing near the day’s lows. Late development conditions generally look good in the Midwest and Plains and the trade expects a big crop. China bought another 131,000 tons of new crop U.S. beans. The new marketing year for soybeans, and corn, starts Friday. The USDA’s weekly export sales report is out Thursday morning and is expected to show another relatively low old crop total against good to strong new crop sales.
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