National Ag News

Soybeans were lower on fund and technical selling in quiet post-holiday trade. The trade is waiting for any new demand news from China ahead of the resumption of face to face negotiations, which are expected to start in January. China will repeal import tariffs on “alternative” feeds at the start of the year but has made no motion on officially ending tariffs on soybeans and bean meal. With the current government shutdown, it remains to be seen how the USDA’s Foreign Ag Service will announce new export sales.

Continue reading Soybeans, corn, wheat down after Christmas break at Brownfield Ag News.