Soybeans were higher on commercial and technical buying. The trade’s watching the tail end of harvest, expecting most areas to wrap up by the weekend. The USDA’s final 2017 production totals for beans and corn are out in January. Forecasts for parts of Argentina and southern Brazil are drier, possibly because of the current weak La Nina pattern. Conditions in most of the rest of Brazil look good. Still, with the uncertainties, DTN FOB prices at Brazil’s ports hit a more than three month high.
Continue reading Soybeans, corn up ahead of Thanksgiving at Brownfield Ag News.
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