Soybeans, corn, and wheat down Friday as USDA adjusts yields, stocks, and global outlooks

Soybeans were sharply lower on fund and technical selling, while still closing higher for the week. The USDA did lower U.S. yield and production slightly, while cutting ending stocks to 290 million bushels, but CONAB expects Brazil’s crop to be larger than last year, which was an all-time high. Unsurprisingly, there were no major adjustments […]

The post Soybeans, corn, and wheat down Friday as USDA adjusts yields, stocks, and global outlooks appeared first on Brownfield Ag News.

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