National Ag News

Soybeans were modestly lower on fund and technical selling. This year’s harvest is within a few points of officially being over with generally drier conditions expected in many areas. The USDA’s final 2017 production numbers are out January. China bought 130,000 tons of 2017/18 U.S. beans. Weekly export sales numbers are delayed until Friday. Soybean meal was lower and bean oil was higher, adjusting product spreads. The trade’s also keeping an eye on planting conditions in South America, with more rain expected in parts of central Brazil against a generally drier pattern in Argentina.

Continue reading Soybeans weak, corn mixed, watching late harvest activity at Brownfield Ag News.