National Ag News

Soybeans were modestly higher on short covering and technical buying. The trade is waiting for next week’s face to face negotiations with China and to see what happens with tariff waiver requests by Chinese buyers. All U.S. and Chinese tariffs remain in place for now and even with a waiver, U.S. beans are still at a competitive disadvantage to Brazilian supplies. Even then, Chinese purchases have tailed off because of poor crush margins linked to lower feed demand because of the spread of African Swine Fever.

Continue reading Wheat up, with end of winter crop harvest in sight at Brownfield Ag News.