Soybeans were lower on commercial and technical selling, posting week to week losses. The stalemate over tariffs with China continues to limit export demand for U.S. beans, even as Brazil’s supply gets tighter and their prices move higher. Still, Brazil won’t be able to supply enough beans to meet China’s needs fully, so Beijing will probably eventually have to return to U.S. beans, at least to some degree. Paraguay could pick up some of the slack.
Continue reading Weather forecasts weigh on corn at Brownfield Ag News.
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