Soybeans see modestly higher move on renewed gains in crude oil

Soybeans were higher on short covering and technical buying. The USDA raised domestic crush, but cut exports, leaving U.S. ending stocks unchanged, with minor adjustments for South America. The USDA did raise production and exports for Paraguay, also increasing its export outlook for Brazil. CONAB’s updated outlook for Brazil will be released on the 13th. […]

The post Soybeans see modestly higher move on renewed gains in crude oil appeared first on Brownfield Ag News.

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