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.

View Full Story

Share:

The Latest

Wisconsin grower joins ASA board

Wisconsin Soybean Association’s President says the state’s growers will continue to be well represented at the state and national level. Doug

Hog futures up on demand optimism

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit-taking.  February live cattle closed $1.40 higher at $229.55