Soybeans were lower on fund and technical selling. The most recent round of trade talks with China reportedly went well, but there’s no agreement yet. No timeline has been announced for the next round of negotiations and details about more Chinese purchases of U.S. ag goods are sketchy. African swine fever continues to be a big question mark for Chinese soybean demand. Argentina’s soybean harvest is picking up steam at around 10% complete and about 75% of Brazil’s crop is harvested.
Continue reading Soybeans, corn down on lack of China deal at Brownfield Ag News.
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