Soybeans drift on China demand questions and favorable South American crop outlook

Soybeans were lower on profit taking and technical selling. There’s been more talk of China buying U.S. beans this week, but no confirmation from the USDA yet. While that might just mean purchases have fallen short of the 100,000-ton mark required for daily reporting, it’s still deflating for market psychology. Some U.S. vessels are reportedly […]

The post Soybeans drift on China demand questions and favorable South American crop outlook appeared first on Brownfield Ag News.

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