Soybeans were modestly higher on commercial and technical buying. At 90% complete, the end of this year’s soybean harvest is in sight ahead of Thursday’s USDA numbers, due out at Noon Eastern/11 Central. It’s been a mixed year for planting, development and harvest, so there are a lot of uncertainties about what Thursday’s reports may bring. Weekly export sales are also out Thursday, at 8:30 Eastern/7:30 Central. Forecasts have more much needed rain in dry parts of Brazil, against drier conditions in other portions of Brazil and much of Argentina’s soybean growing areas.
Continue reading Soybeans firm on follow through buying at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.