Soybeans were higher on short covering and commercial buying, along with spillover from bean meal. Meal gained for the sixth session in a row on potential crop loss in Argentina, the world’s biggest exporter of meal. After a dry weekend for much of Argentina, forecasts this week have scattered rainfall and hot temperatures in some key growing areas. Rain is slowing down early harvest activity in parts of Brazil, but yields have been good in Mato Grosso.
Continue reading Weather concerns in Argentina support soybeans at Brownfield Ag News.
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