Soybeans were lower all the Tuesday session, getting pressure from the projection of huge stocks and continued trade issues with China. DTN says the loss came despite the lower dollar and supportive commercial buying. It’s also despite soybean meal sales to Mexico – 198,862 metric tons worth. The market was digesting the farmer tariff aid package. The federal government kicks in $1.65 a bushel on the first half of 2018 production. It should be a good harvest; soybeans are 66 percent good to excellent.
Continue reading Another day of losses in soybeans and grains at Brownfield Ag News.
