National Ag News

Soybeans were higher on commercial and technical buying, with all contracts closing back above $10 per bushel. Support came from follow through buying after Thursday’s tighter ending stocks number from the USDA and the nearly unchanged production estimate. Weekly export sales were larger than expected, mostly to China and unknown destinations. Soybean meal and oil were higher, following beans. The trade’s continuing to monitor some U.S. harvest delays and dry weather in parts of Brazil delaying planting or necessitating replanting.

Continue reading Follow through buying supports soybeans, corn at Brownfield Ag News.