National Ag News

Soybeans were modestly higher on commercial and technical buying, in addition to spillover from bean meal. Weekly export sales were larger than expected, but the actual physical movement from the U.S. to their eventual destinations remains slow. Near term forecasts for Argentina are mixed, drier in some areas than others. Conditions in Brazil, generally, continue to look non-threatening. Meal and oil were higher, with meal leading the way and gaining for the fifth session in a row, on commercial buying.

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