Soybeans were lower on commercial and technical selling, notching new multi-month lows. Beans continue to get ready for the USDA numbers Friday with at least some scattered rain in the near term forecast for Argentina. Conditions in Brazil continue to look generally non-threatening. Unknown destinations bought 260,000 tons of U.S. beans, with 65,000 tons for delivery this marketing year and 195,000 tons for next marketing year. Soybean meal and oil were lower on commercial selling.
Continue reading Corn mixed, soybeans down, squaring up for USDA numbers at Brownfield Ag News.
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