Soybeans were lower on fund and technical selling, pulling contracts to a lower weekly close. Forecasts had an improved chance of near-term rainfall in some of the drier areas of Brazil. That�s going to boost prospects for some of...
Soybeans were lower on fund and technical selling, pulling contracts to a lower weekly close. Forecasts had an improved chance of near-term rainfall in some of the drier areas of Brazil. That�s going to boost prospects for some of the later planted beans, but it�s too late for part of the crop, with early harvest activity underway in some areas. Conditions in Argentina are much better than a year ago. Weekly export sales were bearish, down on the week and below average.
