Soybeans see strong close on soybean oil strength

Soybeans were higher on commercial and technical buying. There was also spillover from soybean oil, which was supported by the strength in palm oil. Export sales were down on the week, but larger than average at 74.9 million bushels, with China and unknown destinations in the lead, and it was a solid week for shipments. […]

The post Soybeans see strong close on soybean oil strength appeared first on Brownfield Ag News.

View Full Story

Share:

The Latest

Soybeans, corn, wheat see good gains

Soybeans were higher on short covering and technical buying. A new tariff battle against China is on, but Beijing’s retaliation doesn’t