Limited business headed into long holiday weekend

2 years ago 69

Soybeans headed into the long holiday weekend up 4 1/2 cents after trading lower most of the week.� That�s largely been influenced by the return of a wetter forecast to parts of South America.� The disruption of exports into...

Limited business headed into long holiday weekend

Soybeans headed into the long holiday weekend up 4 1/2 cents after trading lower most of the week.� That�s largely been influenced by the return of a wetter forecast to parts of South America.� The disruption of exports into Mexico was also pressuring prices.� Sales and shipments of soybeans are running behind year-ago levels as U.S. beans continue to compete with Brazilian soybeans from earlier this year.� Traders are looking ahead to Brazil�s CONAB estimates, which come out early in January 2024.

...


View Entire Post

Read Entire Article