Soybeans were narrowly mixed after spending much of the session lower. According to CNBC and Xinhua, Chinese companies are halting purchases of U.S. ag goods and Beijing has not ruled out tariffs on U.S. goods purchased after August 3rd. Also, China’s Yuan dropped, hitting a more than 10-year low against the dollar and pushing the Dow Jones Industrial Average sharply lower. Export inspections did show most of the weekly total headed to China, but that was before the threat of new U.S.
Continue reading Corn bounces off early lows at Brownfield Ag News.
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